China raises solar target to 15GW by 2015, say reports

China has hiked its solar power development target to 15GW by 2015, according to local media reports.

The government officially announced targets yesterday for renewable energy generating capacity under the current five-year plan.

It had already increased the solar target from 5GW to 10GW by 2015 earlier this year.

The further 50% increase in the target was revealed to the Chinese media by the National Energy Administration.

It also set a wind-power capacity target of 100GW, in line with previously announced plans, with 5GW of that amount to be installed offshore.

The increase in the solar target may have been driven by the surge in solar power installations after China Log in to read complete article.

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