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Back in March, China’s Ministry of Finance launched a Solar Rooftop Program to increase energy efficiency and decrease cost. Soon thereafter, more than 100 applications were submitted and so far 91MW of solar projects have been approved to move forward.
Suntech Power (STP) says it expects to develop about 20% of these projects. They have already developed 4MW and expects to develop the rest by the middle of next year
“Solar is an ideal solution to improve energy efficiency as it can be built into the skin of a building and serves the dual function of a building material and an energy generating system. We should view the countless rooftops across China as an underutilized resource that can easily support clean, distributed energy generation,” said CEO Dr. Shi.
