综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Policy Watch

China raises 2015 solar power installation target

(China Daily) Updated: 2012-07-03 14:14

China raises 2015 solar power installation target

A worker maintains solar energy components at a solar power station in Hami prefecture, Xinjiang Uygur autonomous region. China has quadrupled a domestic installation goal for solar energy projects to 21 gigawatts by 2015 to help absorb the excess supply of panels and support prices. [Photo/China Daily]


China, the biggest supplier of solar power panels, quadrupled a domestic installation goal for solar energy projects to 21 gigawatts by 2015 to help absorb the excess supply of panels and support prices.

The target includes 1 gigawatt of solar-thermal power plants, said Shi Lishan, deputy director of the administration's renewable energy division.

The plan will be issued soon, he said.

China had planned 5 gigawatts of capacity in the five years through 2015 and 20 gigawatts by 2020. The government has considered an increase since last year as solar panel makers led by Suntech Power Holdings Co and Trina Solar Ltd suffer from cuts in European subsidies and a global supply glut that drove prices lower.

"With a significant tumble in photovoltaic prices, the timetable for mass use is ahead of schedule," said Lian Rui, a senior analyst for research company Solarbuzz. "The new target is still very conservative; we expect the installation to surpass 30 gigawatts."

Solar module prices have plunged about 42 percent to the current $0.87 a watt from a year earlier, squeezing profit margins of manufacturers, according to Bloomberg New Energy Finance data.

Project aid

China raises 2015 solar power installation target

China has offered financial assistance for projects under the so-called Golden Sun program since 2009 to stimulate renewable energy. The nation in May chose GCL-Poly Energy Holdings Ltd, Yingli Green Energy Holding Co and about 100 other developers of projects with 1.7 gigawatts of combined capacity to be eligible for a subsidy of 5.5 yuan ($0.87) a watt under the program in 2012.

In January, Suntech Chief Executive Officer Shi Zhengrong and Trina CEO Gao Jifan said China may double its installations of solar panels this year, absorbing excess production that depressed prices and profit margins in 2011.

JinkoSolar Holding Co expects the domestic market to account for as much as 12 percent of sales this year, double that of a year earlier, Chief Executive Officer Chen Kangping said in April.

Yingli Chairman Miao Liansheng said in May that China will account for 30 percent of revenue this year, while Germany and the US currently make up about 80 percent of its sales.

Bloomberg news

Hot Topics

Editor's Picks
...
徐闻县| 高碑店市| 天峻县| 民县| 阿克苏市| 祥云县| 阳朔县| 宜君县| 班戈县| 富顺县| 玉田县| 宁国市| 宾川县| 綦江县| 阳原县| 鹤山市| 大新县| 六盘水市| 弥渡县| 棋牌| 错那县| 剑川县| 虎林市| 廊坊市| 贵州省| 平度市| 桃源县| 吴旗县| 昌黎县| 桓台县| 东乌珠穆沁旗| 珠海市| 湛江市| 娱乐| 安康市| 广东省| 华坪县| 兖州市| 扶风县| 中山市| 阜南县|