China’s National Energy Administration has forecast that the country’s connected solar power capacity will reach 10 GW by the end of the year.
That’s an increase of 200 percent from a year ago, as reported by state news agency Xinhua, with an additional 3.6 GW added in just the first ten months of 2013.
That means the country will reach it’s goal announced earlier this year and is on track to 35 GW of installed capacity by 2015. The focus on solar is part of China’s plan to reduce energy use per unit of GDP by 16 percent from 2011 levels.
According to Xinhua, “China has taken a number of measures, including increasing investment in clean energy to boost the share of non-fossil fuels in its power structure.”
And Bloomberg New Energy Finance analyst Charlie Cao told Bloomberg that “the proportion of renewables in the total power capacity will keep rising before 2030 on government support and declining costs.”