China confirms 40% increase in 2015 solar target to 21GW

China’s National Energy Administration (NEA) confirms it has raised the country's 2015 target for installed solar power capacity by 40% to 21GW.

Recharge reported in July that officials had proposed upwardly revising an earlier 15GW target, which was itself an increase on an initial ambition of just 5GW under China’s 12th five-year plan for renewable energy.

The new target for the 2011-15 period represents a further advance as lower equipment prices make PV more attractive.

The NEA says renewable energy would account for more than 9.5% of the country's total consumption by 2015, the equivalent of burning 478 million tonnes of coal.

Goals for grid-connected wind power are unchanged at 100GW by the end…

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