ThomasLloyd Cleantech Congress 2014: High profile speakers discuss expansion of and investment in renewable energy

Zurich (ots) - The speakers at this year's ThomasLloyd Cleantech
Congress Europe 2014 discussed Asia's remarkable economic growth and
the increasing need for renewable energy in the region. More than
3,000 guests from the world of politics, business and the financial
community both in Germany and the rest of the world followed keynote
speeches, talks and discussions about investment in Asian renewable
energy infrastructure projects at the Forum in Frankfurt's exhibition
centre, and by live-stream.

President Bill Clinton delivered the keynote address from the
United States via live satellite link. In addition, there were
numerous renowned international personalities speaking at the
conference. These included Professor Justin Yifu Lin, former Chief
Economist and Vice President of the World Bank, Hon. Loren Legarda,
Senator for the Republic of the Philippines, Hon. Edgardo J. Angara,
16th president of the Senate of the Republic of the Philippines, and
Professor Peter Guthrie, global expert in sustainable infrastructure
development and professor at the University of Cambridge. Guest
speaker Her Excellency Maria Cleofe R. Natividad, the Republic of the
Philippines' ambassador to the Federal Republic of Germany, welcomed
delegates on behalf of this year's partner-nation, the Republic of
the Philippines.

Delegates and speakers agreed that the global demand for energy
would continue to rise over the coming years, as a result of
population growth, rising income and continued industrialisation.
Guest speakers from the Philippines stressed the importance of this
to their country. As an archipelago state, it is confronted on the
one hand by an above-average annual economic growth of around seven
percent, and on the other hand steadily rising energy demand, with
rising costs of transmission. The ability to supply locally generated
energy is a key requirement for continued economic growth.
Sustainable energy is an important part of the future energy mix of
the country.

Hon. Edgardo J. Angara, 16th President of the Senate of the
Republic of the Philippines, highlighted the significance of
investment in renewable energy in his home country and its role in
creating jobs. Future energy needs, he said, would be immense. Angara
estimates the Philippines' long-term potential in this field to lie
somewhere between 150 and 250 gigawatts, the majority of which they
aim to obtain from renewable sources.

The Senator of the Republic of the Philippines, Hon. Loren
Legarda, spoke about the critical importance of increasing investment
in renewable energy in nations that are especially subject to climate
change, such as the Philippines. Climate change, she explained, has a
massive effect on economic growth, food security and the health of
people in Asia. The Philippine government aims to build up climate-
friendly energy sources in the country steadily, explained Legarda.
According to a government resolution, the nation's green energy
capacity will be expanded from today's 5,400 megawatts to 15,500
megawatts by the year 2030. The Senator called on delegates to invest
in her home country. "The Philippines is the best place to invest
since the country has stable laws and can support investments through
its people, its government and its policies. On top of that there is
its young, well-educated and ambitious population. Investments will
be visible long-term and will help to mitigate the intensity of
future natural disasters, said Legarda.

Former Chief Economist and Vice President of the World Bank,
Justin Yifu Lin, underscored Asia's positive economic development,
providing the latest statistics and impressive figures. He pointed to
the region's enormous need for investment. Asia, he said, would
require 8.2 trillion US dollars over a period of ten years to build
up its national infrastructure, while a further 320 billion US
dollars would be required at a regional level. Justin Yifu Lin
believes that Asia's golden age will endure. China, for instance, has
the potential to grow annually by eight percent for the next 20
years, he stated.

Congress reinforces its leadership of renewable energy themes in
Asia

As one of the leading asset management and project financing
companies for renewable energy infrastructure in Asia, ThomasLloyd
has for years used the ThomasLloyd Cleantech Congress Europe as a
platform for building bridges between European investors and
technology companies on the one hand and communities and governments
in Asia on the other. This makes the Congress a knowledge platform
and trend barometer for decision-makers in the financial sector,
investors, consultants, and project developers, specialising in
renewable energy infrastructure. This is the fourth time that the
ThomasLloyd Group has held the event, and this year with the Republic
of the Philippines as its principal partner. It was augmented for the
first time by a parallel industry trade fair. An overwhelming number
of Congress delegates took the opportunity to find out more about
investment locations, technologies, projects and partners in the
field of renewable energy infrastructure in Asia.

With this year's Congress, the ThomasLloyd Group has strengthened
its leading position in the field of renewable energy infrastructure
in Asia, by providing the several thousand visitors on location and
via Internet live-stream with a high-quality exchange between
business, science and politics. "Our ThomasLloyd Cleantech Congress
sets industry-wide standards in Europe, and it builds inter-
disciplinary exchange between the various stakeholders in large-
infrastructure projects," explained T.U. Michael Sieg, Chairman and
CEO of the ThomasLloyd Group. "That's because the sustainable energy-
policy development of the Asia-Pacific region will not only play a
primary role globally for current and future generations, it will
also form the basis for the region's continued growth. This will make
it a key aspect of the 'Asian Century'," continued Sieg.

To conclude the event, T.U. Michael Sieg and Jose Maria Zabaleta,
President of Bronzeoak Philippines Inc., presented Senator Hon. Loren
Legarda and the Philippine ambassador with a cheque for 100,000 US
dollars to express the long-standing ties between the corporation and
the Philippines. The purpose is to use this donation to build up
power supplies to schools, primarily in rural areas.

About ThomasLloyd:

ThomasLloyd is a leading global investment banking and investment
management group, solely dedicated to the renewable energy sector in
Asia. The company portfolio includes Capital Raising, M&A and
Corporate Finance for private and public companies, as well as
project financing and management for project developers, and asset
management, wealth management and funds for private customers and
institutional investors. The company headquarters are in Zurich.
ThomasLloyd employs 125 employees in 13 countries in North America,
Europe, and Asia and has assets of USD 2.7 billion under management
and advisory. For further information, please visit: www.thomas-
lloyd.com

Further information is also available from:
ThomasLloyd Private Wealth Management GmbH
Press Department
Tel +49(0)89 244 407 142
Fax +49(0)89 244 407 001
presse@thomas-lloyd.com
www.thomas-lloyd.de