China has revised up its solar
power development target for
2015 by 50 percent from its
previous plan, state media
reported on Thursday
The government has set a target for installed solar
power generating capacity to
reach 15 gigawatts by 2015 and
wind power capacity to hit 100
GW, the National Energy
Administration reported.
The ambitious move may have been encouraged by a rapid
increase in solar power
installation in recent months
after the government unified
grid feed-in tariffs for solar
projects for the first time in
July, and offered a higher price
for projects that would be put
into operation before the year
end.
China had doubled its 2015 solar power goal to 10 GW
after the Japanese nuclear power
crisis.
Installed solar power capacity at the end of 2010 was
less than 1 GW in China, the
world's largest exporter of
photovoltaic products and home
to some of the industry's top
players, such as Trina Solar, JA
Solar, Suntech Power and LDK
Solar.
Annual solar power output will
reach 20 billion kilowatt hours
by 2015 and wind power output
190 billion kWh.