China’s National Energy Administration (NEA) revealed the new target in a statement on its website.
Shares in Suntech, last year’s biggest solar panel maker, jumped 13% to $1.87 on the New York Stock Exchange, while Yingli shares were up 7.4% to $3.05.
Trina, the country’s third largest manufacturer, rallied 12% to $5.81 while wafer-to-module maker LDK gained 7% to $2.21.
China’s solar panel makers have benefited from a string of support measures in recent weeks as Beijing seeks to bolster an industry buckling under low selling prices and weaker demand in major European markets.
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