China Could Aim For 300 GW Of New Solar PV Power Generation Capacity Between 2021 To 2025

2020-06-11

The Chinese government may be looking at a bigger role for clean energy in steering its economy over the next 5 years under the country’s 14th Five-Year Plan. During deliberations being conducted by the administration to fix up the targets under the plan, a representative of the National People’s Congress (NPC), Cao Renxian has recommended targeting a minimum of 300 GW of new solar PV power generation capacity in the period.

China is currently under its 13th Five-Year Plan due to come to an end in 2020. The next 5 years (2021-2025) will pursue the objectives NPC agrees on. The recommendation also includes adding at least 150 GW of new wind power generation capacity, reported Polaris Solar PV Network.

Renxian has also suggested the country increase its non-fossil fuel energy consumption to 25% to be achieved by 2030 and further push it up to 50% by 2050. Currently, this target is set at 15% by 2020 and 20% by 2030, as per the National Energy Administration (NEA).

As per the recommendations, China should back renewable energy projects with an energy storage component, encourage renewable hydrogen production initiatives and basically put in place a clean power production and supply chain across its length and breadth.

As of now, the recommendations are just that, proposals. The NPC is currently holding its annual meeting.

Till the end of March 2020, China’s total installed solar power capacity was 208 GW out of 802 GW of renewable energy capacity. The NEA is also seeking comments and feedback on a draft that details establishing and improving a long term mechanism for clean energy consumption till June 19, 2020.

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YIWU GREENWAY IMP EXP CO., LTD-one stop supplier for solar irrigation and solar off grid home systems.


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