NewEnergyNews: CHINA SOLAR EXPLODING

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    Friday, May 01, 2015

    CHINA SOLAR EXPLODING

    China just put every country to shame with its solar energy plan

    Pete Danko, April 30, 2015 (Business Insider)

    "China issued an update on its solar progress this week and made every other solar-seeking country around the world feel kind of pathetic…The National Energy Board said 5.04 GW was installed in the first quarter of 2015. To put that in perspective, China's three-month total was just a gigawatt shy of what the U.S. installed in all of 2014 – and it was a good year for the Americans, their best ever…China is now at 33.12 GW. If it hits the official 2015 target of 17.8 GW, China this year will soar past Germany – at 38.2 GW but expected to add only around 2 GW in 2015 – and claim the top spot in global solar. In its 2011-15 five-year plan for solar, China had been aiming to get to 35 GW by the end of this year, but it now appears likely to land as much as 10 GW above that figure…The surge in the first quarter of the year puts to rest any doubt about the Chinese solar market, which had surprisingly fallen short of a 2014 target of 14 GW by more than 3 GW…” click here for more

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