WOW: China’s Clean Energy Output Increases 48% 0

Bloomberg reports that China has increased its clean energy output from October 2011 to October 2012 by 48 percent. The country now generates 92.1 billion kilowatt-hours (kWh) of clean energy.

China’s State Electricity Regulatory Commission (SERC) issued a statement last week that clean energy sources, including hydro and nuclear plants, equals 20.4 percent of electricity. That’s an overall increase of 3.6 percent from 2011.

Wind power was a large contributor to the increase. The SERC statement said that when compared to the same period in 2011, wind farm power rose 40 percent. “The nation added 7.2 gigawatts of wind-power generation capacity in the first 10 months, raising the total to about 56 gigawatts,” according to Bloomberg.

Cleantechnica predicts that China, which set a goal to generate 100 GW of wind energy by 2020, may reach that goal well before the original deadline.

In addition to wind energy, China has become a major global solar producer as well. The global solar market is swamped with Chinese product, so the Chinese are looking to sell product within their own borders. Industry analyst IMS Research believes that as much as 5 to 7 GW of PV installations could be completed in China this year.

Comparatively, the United States installed 1.9 GW of solar last year. U.S.-based Solar Energy Industries Association (SEIA) predicts a strong year for solar by U.S. standards: SEIA predicts about 2.8 GW of solar to come online in 2012.

Original Article on AtisSun Solar Insider News

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