ApocaDocs: China plans dramatic increase in solar capacity to 2GW by 2011

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Posted Fri Jul 3 2009: from BusinessGreen:


	China plans dramatic increase in solar capacity to 2GW by 2011 http://apocadocs.com/s.pl?1246632799 China is set to raise its target for installed solar capacity to 2GW by 2011, a fifteen-fold increase on the 140MW goal it set only last year. The state-run China Daily newspaper reported today that the National Energy Administration, the government office responsible for energy development plans, has decided to increase capacity over the next two years by providing increased subsidies for solar generators worth $0.16 (10p) per kWh. Chinese solar panel makers, including Suntech Power Holdings, Yingli Green Energy and LDK Solar, are expected to enjoy significant increases in sales as a result of the revised goal, said the newspaper.

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Zot Lynn says: "Why, that's more than half of one thousandth of a watt per capita!"

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'Doc Jim says:

The Commies are more committed to solar than we are? Time for an EnergyRace™!