The 2nd Myanmar-German renewable energies symposium was held at Rose Garden Hotel, Yangon, yesterday.
The symposium was organised by the Delegation of German Industry and Commerce in Myanmar (AHK) jointly with “the Energy Solutions made in Germany” initiative of the German Federal Ministry for Economic Affairs and Energy (BMWi), and with support from the Berlin-based Renewables Academy AG (RENAC).
The event was attended by local and foreign entrepreneurs, including representatives from eight German public and private companies from renewable energy sector.
This year, the symposium was dedicated to renewable energy powering Myanmar’s industrial growth with a special focus on energy obtained from photovoltaic cell and biomass.
At the ceremony, German businesses discussed under the titles, “industrial growth with clean energy” and “innovative models for green business growth”, while local and foreign businesses and officials from private renewable energy sector conducted panel discussions under the topics “solar power for Myanmar’s industry, an underutilized resource in Myanmar’s energy mix” and “stepping forward together for green industrial growth.”
Mr. Martin Klose, Delegate, Delegation of German Industry and Commerce in Myanmar told of his belief that Myanmar renewable energy sector will significantly develop in the future. When Myanmar starts to implement that sector, the initial investment will be high. However, after ten years, it will be less expensive than producing electricity in a different way. By linking up with German companies and obtaining their experiences and technologies in this symposium, difficulties can be overcome and the government of Germany will put special emphasis toward assisting the development of renewable energy sector in Myanmar, said Mr. Martin Klose.
The renewable energies symposium was held in Myanmar last year, and will be in the coming year, German government is planning to invite Myanmar companies to Germany and hold a symposium in Germany, it is learnt.
The Delegation of German Industry and Commerce in Myanmar had opened an office in Myanmar for four years now for increasing bilateral economic cooperation, and during the past two years, there were significant progresses. Bilateral trade has increased by over 30 percent and German investments had also entered into Myanmar. AHK will continue to establish contacts in order to increase investments, he added.
The first symposium was held in October 2017 with more than a hundred participants from Myanmar and German public and private energy sector.
By May Thet Hnin