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China Advised to Double Solar Goal to Fill Nuclear, Hydro
China Advised to Double Solar Goal to Fill Nuclear, Hydro
August 11, 2015
China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to fill a gap forecast to emerge because nuclear and hydropower are due to fall short of targets.
The world’s biggest solar market needs 200 gigawatts of such capacity by then, according to a document seen by Bloomberg.
China Photovoltaic Industry Association, Chinese Renewable Energy Industries Association and China Renewable Energy Society, which act as conduits between the government and industry, jointly wrote the document and advised the energy authority in the State Council.
The advice, if accepted, would boost solar installations sixfold, spurring demand for manufacturers including Trina Solar Ltd. and Yingli Green Energy Holding Co. China had about 33 gigawatts of solar power at the end of 2014, according to Bloomberg New Energy Finance data.
The nation intends to get 15 percent of all energy from renewables and nuclear power by 2020, up from 11 percent last year....
http://www.bloomberg.com/news/articles/2015-08-11/china-advised-to-double-solar-goal-to-fill-nuclear-hydroAugust 11, 2015
China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to fill a gap forecast to emerge because nuclear and hydropower are due to fall short of targets.
The world’s biggest solar market needs 200 gigawatts of such capacity by then, according to a document seen by Bloomberg.
China Photovoltaic Industry Association, Chinese Renewable Energy Industries Association and China Renewable Energy Society, which act as conduits between the government and industry, jointly wrote the document and advised the energy authority in the State Council.
The advice, if accepted, would boost solar installations sixfold, spurring demand for manufacturers including Trina Solar Ltd. and Yingli Green Energy Holding Co. China had about 33 gigawatts of solar power at the end of 2014, according to Bloomberg New Energy Finance data.
The nation intends to get 15 percent of all energy from renewables and nuclear power by 2020, up from 11 percent last year....
