Green Technology Transfer from Denmark to China; The Case of Vestas: /

Abstract

Green technology has recently become an essential part of sustainable development projects in developed countries. Furthermore, green technology solutions can bring numerous benefits when utilised in innovative facilities. The purpose of this dissertation is to investigate the diffusion of green technology in China and identify the challenges of green technology accumulation in the Chinese market segments. This thesis utilizes a comprehensive review of various literature to describe the dynamics of green technology transfer. Also, the standpoint of this academic work is to give an insight into sustainable green technology export and accumulation issues which are pivotal in bringing a more sustainable future, and the opportunities of improved energy efficiency. In the wake of the 21st century, most attention is shifting towards a sustainable future, and sustainable green technology is the key to achieving sustainable goals. China’s economic boom has also transformed the global economy in numerous manufacturing industries. This academic work investigates whether China’s transformative policies extend to the new green technology innovation. This thesis also describes the rapid growth of the Chinese market which has a major impact on competitive forces in the global wind power industry. Whereas many Western companies have found opportunities of expanding their business in the growth of the Chinese market, the government’s regulations and local legislation still give a precedence over Chinese wind power companies. In this manner, while the influence of the Chinese market and production power is already taking place, other influences are beginning to be felt, arising from fierce competition as new and innovative Chinese companies start to emerge which poses a challenge to Western wind energy companies. The case study of this thesis is Vestas System A/S which will shed a light on the ambition to create a more sustainable future through export and accumulation of green technology solutions to developing countries. This academic work will also investigate the company’s aim to expand its services to China, which has already taken initiatives to tackle climate change issues. Furthermore, this research will investigate what facilitates or burdens the implementation process in China and how does the Danish government support Vestas System A/S in the export of green technology. In fact, international transfer of environmental technologies is considered an integral requirement within the framework of future sustainable development. It is assumed that export of green technology gives a desired means for technology accumulation due to its flexibility. Nevertheless, the export of environmental technologies is suppressed by strict government regulations, in particular, the Chinese government regulations. Using literature from export promotion of the government, this thesis will give an insight into governmental initiatives which have the ambition to promote the export of environmental technologies. In addition, using theories from green technology and governmental initiatives, will give clarity of the possibility of green technology transfer in the developing countries. Keywords: China, wind energy, green technology, green technology implementation, local regulations, government support, climate change

A master thesis from Aalborg University

Green Technology Transfer from Denmark to China; The Case of Vestas: /