Greentech Lead in Asia: China is aiming to boost
investment in clean energy, especially in the hydropower industry, but cut
investment in thermal power in 2012.
According to a report by China Electricity Council, China
would add 85,000 MW of installed power capacity in 2012.
The newly added installed capacity in thermal power would
be reduced from 58.86 million kilowatts in 2011 to 50 million kilowatts in
2012, while that in hydropower would be raised from 12.25 million kilowatts in
2011 to 20 million kilowatts in 2012, according to a report in elp.com.
The decreasing investment in thermal power and increasing
investment in clean energy would be a dominant trend in the country’s Twelfth
Five-Year period (2011-2015) and even in the Thirteenth Five-Year period
(2016-2020), noted CEC.
According to the European Photovoltaic Industry
Association, China leads the PV market in Asia in 2011. The newly connected PV
capacity in 2011 was 2,000 MW, while cumulative capacity is 2,900 MW. The
Chinese market was pushed thanks to the deployment of FiT at provincial level.
China leads solar energy market in Asia in 2011
Outside Europe, China will probably rank first in 2011,
with at least 2 GW of new PV systems installed and connected.
Rapid growth was also seen in the USA, with at least 1.6
GW of newly connected systems. This is nearly double the 2010 market figures.
Behind those two leaders, Japan is expected to have
connected over 1 GW of PV systems in 2011 benefitting from the revised FiT
scheme. In Asia-Pacific, the performance of Australia was impressive, with some
700 MW of new installations in 2011. India installed over 300 MW during last
year.
editor@greentechlead.com