China has set a target of increasing renewable energy use from the present 10 percent to 20 percent of the total energy consumption by 2020 to meet the increasing demand and reduce the greenhouse effect…
According to Li Junfeng, deputy director of the National Development and Reform Commission’s Energy Research Institute(ÂõΩÂÆ∂ÂèëÊîπÂßîÔºâ, by the end of October 2006, the total installed capacity of wind and solar power in the country was 2.3 million kilowatts and 300 megawatts, respectively, a rise of 85 and 100 percent over 2005.
But shortage of funds hindered technological innovation in the bio-fuel sector because of which power generation grew only by 10 percent last year. [Full Text]
Related article of China’s Wind Power via EcoWorld