• What we do
  • The People
  • About Us
  • Why Innovation Africa
  • Contact Us
Innovation AfricaCreating the Future Today
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
Menu
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
  • China’s 2015 target for solar power Increased by 40%

    September 1, 2012 Editor 0

    A Chinese government agency told that the cost lowering and new regulations in the field of solar energy will allow this sector to grow stronger and more profitable. The consequence of these events, China is currently climbing its 2015 objective on solar-energy capacity by 40% (approximately 21 GW). This country is the biggest exporter of PV (photovoltaic) products (looking at worldwide scale) it also houses important companies like Suntech Power and LDK Solar as well. The Chinese government decided to reduce the cost for energy fed inside the national grid (measures taken in 2011) this will result in lower expenses for solar-energy developers. That aided a projected quadrupling of installed capacity (solar power) to a value that exceeded the 2 GW in the last year (2011).

    The government media stated that the most important energy producers and grid companies as well, would be subject to only a few (and minimal) requirements to use renewable sources. This will surely help solar firms. The NEA (the Chinese National Energy Administration) is aiming to a much bigger objective (concerning installed solar-energy capacity) than those 15 GW reported by government media. The NEA’s goal is to achieve more than 20 GW of installed solar capacity. The target was established after the well-know nuclear crisis in Japan last year.

    In a publication on its own website, the National Energy Administration said that renewable energy in 2015 would be equivalent to 478.000.000 tons of oil; doing the math this will result in more than 9.5 percent of the total consumption of China’s energy. The goal for hydropower capacity remains the same (290 GW in 2015); 260 GW would come from regular hydropower plants; the others 30 GW would come from pumped storage hydropower facilities. Wind power (on-grid) targets also remain the same (100 GW in 2015); 5 GW will come from wind farms located on the sea.

    Source: Reuters


    © Jimmy Eriksson for Renewable Power News, 2012. |
    Permalink |
    No comment

    Add to del.icio.us

    Search blogs linking this post with Technorati

    Want more on these topics ? Browse the archive of posts filed under Alternative Power Sources, Photovoltaics, Solar Power.

    Go to Source

    Related Posts

    • Can China be an innovation powerhouse?Can China be an innovation powerhouse?
    • Going green with your devices: Could the sun be the answer to our power deficient smartphones?Going green with your devices: Could the sun be the answer to our power deficient smartphones?
    • If You Want to Change the World, Partner with ChinaIf You Want to Change the World, Partner with China
    • China Can’t Be a Global Innovation Leader Unless It Does These Three ThingsChina Can’t Be a Global Innovation Leader Unless It Does These Three Things
    • Is It Time to Be Skeptical on China?Is It Time to Be Skeptical on China?
    • Kenya: Solar Mosquito Trap May Cut MalariaKenya: Solar Mosquito Trap May Cut Malaria
    Sovrn
    Share

    Categories: GreenTech, South-South

    Tags: china, GW, National Energy Administration, solar power, solar-energy capacity

    CrowdGlobe: The Dead Ushahidi reality behind 12,795 Ushahidi Crowdmaps Makerere University on the forefront of delivering bioscience innovations

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

Subscribe to our stories


 

Recent Posts

  • SL Crowd Green Solutions September 21, 2020
  • Digital transformation in the banking sector: surveys exploration and analytics August 3, 2020
  • Why Let Others Disrupt You? Take the Smart Self-Disruption Journey! August 3, 2020
  • 5 Tips for Crowdfunding During the Pandemic August 3, 2020
  • innovation + africa; +639 new citations August 3, 2020

Categories

Archives

Popular Post-All time

  • A review on biomass-based... 0.9k views
  • Can blockchain disrupt ge... 697 views
  • Prize-winning projects pr... 692 views
  • Apply Now: $500,000 for Y... 612 views
  • Test Your Value Propositi... 537 views

Recent Posts

  • SL Crowd Green Solutions
  • Digital transformation in the banking sector: surveys exploration and analytics
  • Why Let Others Disrupt You? Take the Smart Self-Disruption Journey!
  • 5 Tips for Crowdfunding During the Pandemic
  • innovation + africa; +639 new citations
  • SME Innovation: 10 Priorities for Support Post-COVID-19 
  • Africa RISING Annual Progress Report 2018 – 2019 now available
  • Fodder beet feed supplementation delivers dairy success for Ethiopian farmers
  • Using theory of change for outcome-oriented research
  • Africa RISING partners publish soil fertility management guidebook

Tag Cloud

    africa African Agriculture Business Business model Business_Finance Company Crowdsourcing data Development East Africa economics Education Entrepreneur entrepreneurs Entrepreneurship ethiopia ghana Health_Medical_Pharma ict Information technology Innovation kenya knowledge Knowledge Management Leadership marketing mobile Mobile phone nigeria Open innovation Organization Research rwanda science Science and technology studies social enterprise social entrepreneurship south africa Strategic management strategy tanzania Technology Technology_Internet uganda

Categories

Archives

  • A review on biomass-based hydrogen production for renewable energy supply 0.9k views
  • Can blockchain disrupt gender inequality? 697 views
  • Prize-winning projects promote healthier eating, smarter crop investments 692 views
  • Apply Now: $500,000 for Your Big Data Innovations in Agriculture 612 views
  • Test Your Value Proposition: Supercharge Lean Startup and CustDev Principles 537 views

Copyright © 2005-2020 Innovation Africa Theme created by PWT. Powered by WordPress.org