China sets solar power target for 2014

Date:2014-12-30 15:47:03  View:202  Author: 
China will strive to install 13 GW of new photovoltaic (PV) power capacity this year, said Wu Xinxiong, head of the National Energy Administration (NEA) on August 5.

The target is more ambitious than the State Council guideline released in July 2013, which outlined plans to install 10 GW of PV power capacity every year over 2013-2015.

To boost the sagging solar power industry, China has turned to distributed PV power generation and rolled out a string of preferential policies, including subsidies and tax reduction.

Wu said the NEA is mulling new measures but did not give details. He also encouraged local governments to further facilitate the development of distributed solar power generation.


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