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China raises solar installation target for 2015
2015-10-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China has raised its solar power installation target for 2015 by 30 percent from its previous goal, state media reported, potentially adding to overcapacity as insufficient grid capacity remains a hurdle for the new plants to deliver power. Solar plants can in theory delivery returns of 10-15 percent under long-term power purchase contracts with state utilities but in practice face problems of subsidy collection and panel quality, making investors wary of the sector. China will add another...
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Category:Electronics and Electrical