China's dedication to energy conservation "between 2010 and 2017 has reduced carbon emissions by 34 percent," Ren told the audience.
The event, co-organized by the DOE, also featured awards and contracts jointly received and signed by government and industry leaders from both countries.
Seven new Energy Performance Pilot (EPC) projects were announced between U.S. and Chinese companies and nine projects launched at last year's forum were recognized.
There are 21 U.S.- China EPC projects dating back to the program's inception in 2017. In the last two years, these projects attracted 135 million U.S. dollars investment and are projected to save 67,000 tons of coal equivalent (TCE).
China and the United States have years of experience in energy performance contracting and have a tremendous opportunity to reduce energy and water use and cut greenhouse gas emissions, the DOE said in a statement.
"The American companies partnering with Chinese firms will benefit by forging new partnerships to market their clean energy products and gain additional experience operating in China," the DOE said. Enditem
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