While everyone else is busy promoting LED-based lighting, China focused on renewable energy by pouring in funding for its debt-ridden solar companies.
As the world’s biggest coal consumer, China has been beset with calls from various sectors to reform its energy consumption policies. Over the years, the clamour has become even more intense as all over the world more and more people are becoming aware of global warming and climate change.
With recent changes in Chinese policies, it looks like they are finally responding to the calls.
Last week, China’s National Energy Administration issued a statement that they are increasing their target for solar energy to 35 gigawatts (gw) by 2015, a significant increase from the previous target of 21gw and the 6.5gw of solar power already installed in 2012.
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