Dear Friends, Visitors/Viewers/Readers,
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Great News! I just found out that the Chinese National Energy Administration (NEA) presented the ambitious goal of installing 17.8 GW (gigawatts) of solar capacity in 2015 (18.7% higher than the previous 15 GW proposal announced earlier this year). The NEA indicated the need to “stabilize and expand the solar application market,” as the reason for this new goal. China is determined to increase her renewable energy mix in power generation to 20% by 2030 and a target of 100 GW PV power by 2020. This is a fantastic way for President Xi Jinping to wage war against pollution!
Such aggressive goal results from careful consideration of the inevitable skyrocketing demand for energy from industrialization and urbanization of China. For a country shouldering earthly population of over one billion people (approximately 1,361,512,576 ) and continued economic growth, Chinese leadership’s foresight to increase emphasis for clean energy and share of solar power will not only benefit the Chinese people but also rest of the world.
“This is good news for the industry,” Zhou Ziguang, analyst at Ping An Securities, told Reuters. “The state is hoping to boost solar consumption, although the chance of exceeding the target should not be big.”
Given the inadequate transmission infrastructure exists in many parts of the country, it is wise that the Chinese NEA is also rolling out a target of 8 GW of distributed solar (within this 17.8 GW goal) for 2015. Historically seen in many parts of the world, renewable/solar energy industry growth is strongly correlated to regional policies. So, despite the fact that problems such as financing and rooftop rights may have surfaced, policies such as subsidies and incentives will set the right tone to enhance future solar energy installations and industry growth in China.
At Sun Is The Future, we strongly encourage Chinese people to consider the concept of micro-finance, crowdfunding, and community solar garden/farm as part of the solution for financing much of the distributed solar installations in China. Many of these concepts are also explained and made available in: various posts in Sun Is The Future , sunisthefuture youtube channel , Sunisthefuture Team at Kiva , and information on Start A Community Solar Garden/Farm.People throughout the planet earth will be encouraging the Chinese people growing toward solar/renewable energy. It is great that the Chinese government has already taken note on implementing the fantastic policy of Feed-In-Tariff in stimulating the renewable/solar energy implementation and growth. We would also recommend consultation with Germany on streamlining the process of balance of system. Further understanding and implementation of Value of Solar will also be helpful.
Since the inception of Sun Is The Future (2011), the earthly solar installations on planet earth has more than doubled!
Such exponential growth is also seen in Chinese solar & renewable installations. If China will be able to continue with such an ardent rate of renewable/solar growth, there is no doubt that China and Beijing will be able to become the cleanest (or one of the cleanest ) country/city on planet earth in thirty years. The wild card here is the battery storage technology. For the sake of all the people in China, as well as all people on planet earth, we wish for the speedy arrival of optimal (higher efficiency/lower cost) battery storage technology.
~have a bright and sunny day~
Gathered, written, photographed, and posted by sunisthefuture-Susan Sun Nunamaker
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Tags: China, Chinese, community solar garden, crowdfunding, micro-finance, Microfinance, National Energy Administration, NEA, Pollution, population, President, Reuters, solar farm, Sun Is The Future, sunisthefuture, Sunisthefuture Team at Kiva, susan sun nunamaker, Xi Jinping, youtube, Zhou Ziguang