Inform
China looks to further boost its renewable targets
This report is currently unavailable
Report summary
China's latest policy sets higher renewable capacity targets through to 2020. Total planned capacity build and potential growth outside the plan now add up to 240 GW for solar and 290 GW for wind by 2020. The policy also highlights measures to promote generation, cut curtailments, and improve financial support for renewables. China is keen to promote renewables, which would make up one-fourth of power capacity by 2020. We believe the solar capacity boom is likely to continue, driven by falling costs, ramping down of feed-in tariffs and rapid growth of distributed projects. More solar projects will be built in eastern and central provinces. But wind capacity could slow before the curtailments issue improves in northern provinces. Coal power may further lose its share in the generation mix to renewables, with lower utilisation hours and less capacity being built.
Table of contents
- China looks to further boost its renewable targets
Tables and charts
This report includes 1 images and tables including:
- Solar more than double and wind more than 40% of 2020 targets
What's included
This report contains:
Other reports you may be interested in
31 May 2023
Global thermal short-term outlook May 2023
Commodity Market Report
Global thermal short-term outlook May 2023
Weak demand and ample supply exerts significant impact on prices.
$5,00031 May 2023
Iron ore markets short-term outlook May 2023
Commodity Market Report
Iron ore markets short-term outlook May 2023
Iron ore price suffers from patchy economic recovery
$5,00010 May 2021
Zhengzhou aluminium smelter
Asset Report
Zhengzhou aluminium smelter
A detailed analysis of the Zhengzhou aluminium smelter.
$2,250