Wind power, solar power and battery recycling as well as the production of light-emission devices, electrical cars and smart grid are the key fields of the alternative energy industry in Binhai.
By 2015, the sector’s revenues are projected to reach 180 billion yuan, accounting for 8 percent of Binhai’s total. The new materials industry will focus on developing new chemical materials, nanotechnology materials and new metals as well as materials for the aerospace and astronautics, electronics, textiles, and construction industries.
The industry’s revenues are expected to hit 40 billion yuan by 2015, or two percent of Binhai’s total.