China prioritises off-grid power
China may be the world’s biggest emitter of greenhouse gases but it’s also the biggest green economy.
Now Beijing has asked local governments across the nation to submit proposals for “non-grid-connected” (ie off-grid) solar power generation projects, whose total scale exceeds targets set under the current 5 year plan by 50%.
The development comes at a time when international demand for solar panels is weak and industry overcapacity and corporate losses are severe, said state-owned media. It would help domestic solar panels and parts makers, but analysts said implementation would bypass the powerful power distribution monopoly State Grid Corp.
The National Energy Administration this week,demanded all the provinces and municipalities to submit implementation proposals, the China Securities Journal reported, citing unnamed sources.
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