Influential think tank recommends 200GW solar target for China

Facebook
Twitter
LinkedIn
Reddit
Email
Credit: Panda Green Energy.

The Chinese government should increase its 2020 solar target from 110 to 200GW, according to the China National Renewable Energy Centre (CNREC).

The think tank is the main advisor to the government’s National Energy Administration (NEA), which would be ultimately responsible for acting on the recommendation. In August, the continuing boom of installations saw the country edge past its existing 2020 target.

CNREC also recommended increases to wind and bioenergy targets and a halt to the approval of new coal power capacity.

Frank Haugwitz, of the Asia Europe Clean Energy Advisory (AECEA), which highlighted the recommendation in a briefing note, considers the target to be achievable.

“The recommended ‘new’ solar PV target in AECEA’s opinion will be realized, if not exceeded by approx. 15-20%,” he wrote.

“Overall, China is in the midst of its own energy transition, a process which will last for years and decades to come. In this context, obviously the utilization of locally available renewable energy resources will play a significant role, due to that over the past years sentiments towards RE have changed. China’s president Xi Jinping’s call for an energy revolution in the summer of 2014, an overdue, but fundamental power sector reform finally initiated in March 2015, a thoroughly revised version of the Renewable Energy Portfolio (RPS) effective since early 2016, the introduction of a voluntary domestic carbon emission trading scheme in July 2017 among a host of other initiatives and policies all designed to make this grand energy transition happen.

“Finally, it remains to be seen to which extent China’s National Energy Administration will follow CNREC’s proposed recommendations. In AECEA’s view, they certainly will be taken into consideration and shall serve as the reference when drafting new policies,” added Haugwitz.

15 September 2022
Bifacial PV modules will be the dominant solar PV technology globally within one or two years; in the utility-scale sector, their market share is already above 70%. This webinar will provide a clear view on the successful implementation of bifacial technology, maximizing system performance and minimising LCoE.

Read Next

August 11, 2022
Finlay Colville, Solar Media's head of market research, lays out the UK's path to achieving 40GW+ of solar PV by 2030 after rebounding from recent headwinds in its solar sector
August 10, 2022
Canadian Solar plans to build an integrated PV manufacturing plant in Western China, with a capacity of 200,000MT of high-purity polysilicon, 10GW of both cells and modules and multi-GW productions of raw and auxiliary materials.
August 10, 2022
OMERS Private Equity has acquired a minority stake in the Arizona-headquartered solar operations & maintenance (O&M) provider NovaSource Power Services.
August 9, 2022
The Public Service Commission of the District of Columbia (DCPSC) has approved a 15-year power purchase agreement (PPA) with renewables developer Invenergy for 73MW of solar power to meet a 5% renewables target for district’s default electricity supply.
August 8, 2022
India deployed 8,359MW of solar PV in the first half of the year, marking a significant increase of 71% compared to the same period last year
August 8, 2022
Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5GW in long-term renewables and energy storage contracts in 2022, having already signed 1,618MW in the year to date, according the firm’s Q2 financial report.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 7, 2022
15:30 AEST (UTC +10)
Solar Media Events
September 14, 2022
London
Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event