Industrial Policy Information

Industrial Policy InformationPolicy information

China has lower the 2016 Solar Energy Target

release time:2015-12-31 print font size:TT

National Energy Administration has set the newly-increased solar energy capacity target in 2016 as 15GW--slightly lower than the 17.8GW set in 2015.

The slight decline of the solar energy target seems inconsistent with the target of 150 GW the state has set and aims to achieve in 2020. At present, China has 40GW solar energy installation target. However, National Energy Administration says in October, they will achieve a yearly increase of 20GW.

According to National Energy Administration, by the end of 2015, in China the accumulated installation volume of PV has achieved 43GW. 

However, in some areas the solar energy subsidies have been cut down. Besides, the delayed payment of subsidies for some large-scale solar energy industrial park indicates that in 2015 the grid connection and financial supports for infrastructure in China have difficulties in matching development.

Although there is a slight decline of solar energy target, In 2016, China still aims to increase the capacities of solar energy and wind energy by 21%, since China government is trying hard to reduce emission of greenhouse gases and the reliance on fossil fuels especially the coal.

A claim from National Energy Administration shows, China devote itself to increasing the productivity of wind power generation by 20GW next year so that in 2030, 20% of its renewable energy target will be realized.

According to Xinhua, National Energy Administration will also stop authorizing coal mines in the next three years. China spares no effort to tear down the tag of the biggest carbon emitter in the world.

In order to promote the development of renewable energies, China claims that the subsidies for feed-in tariffs of solar energy devices will be reduced and will add 7% surcharge to domestic energy charge (about 0.019 yuan per-kilo watt hours)