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China Solar Tariffs May Match Coal Power by 2020, Xinhua Says

uced by coal-fired plants by 2020 as the country accelerates the development of cleaner energy, the official Xinhua News Agency reported yesterday, citing comments from Liu Qi, a deputy director at the National Energy Administration, at a conference in Nanjing.

Solar-power tariffs may fall to between 0.6 yuan and 0.8 yuan a kilowatt-hour by 2020, and China’s solar-power output capacity may rise to 20 gigawatts by then from about 5 gigawatts by 2015, Xinhua cited Liu as saying.

–Wang Ying

To contact the reporter on this story: Ying Wang in Beijing at ywang30@bloomberg.net

To contact the editor responsible for this story: Ryan Woo at rwoo5@bloomberg.net

http://www.businessweek.com/news/2010-07-27/china-solar-tariffs-may-match-coal-power-by-2020-xinhua-says.html