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…