Abu Dhabi: More than 40 world leading renewable energy companies from China have confirmed their participation in the World Future Energy Summit which is now in its third year and will be held from January 18-21 in Abu Dhabi, with a particularly strong level of participation by the solar energy sector.

The Chinese pavilion has already grown to more than 1,000 square metres

Leading companies and organisations from all across China will be participating in the World Future Energy Summit including Suntech Power, Yingli Green Energy Holding, and China Sunergy.

Approximately half of the companies hailing from China come from Jiangsu Province, where solar power is a pillar of the economy. Suntech and China Sunergy are both located in Jiangsu.

Dr Zhengrong Shi, Suntech's Chairman and CEO, will take part in a discussion on International Policy and Climate Change Action Plans during the summit.

Suntech, a New York Stock Exchange listed company with a market capitalisation of close to $3 billion (Dh11 billion), is the world's largest producer of crystalline silicon solar panels and has delivered solar energy products to more than 80 countries over the past eight years.

The China Greentech Report, recently issued by the China Greentech Initiative, a partnership of more than 80 of the world's leading companies and organisations, projects that the investment by the Chinese government in its "greentech" industry will drive private sector investment that could create a national market worth up to $1 trillion annually.