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China ranks first worldwide in PV power capacity

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BEIJING/HONG KONG: China has set a higher-than-expected target for solar power installations in 2015 as it seeks to boost renewable energy use, sparking a sharp rise in the shares of domestic solar companies.

China aims to install 17.8 gigawatts (GW) of solar power capacity this year, China’s National Energy Administration (NEA) said in a document posted on its website.

This is up nearly 20 percent from the original goal of 15 GW of installations and nearly 70 percent from the 10.52 GW of solar generation capacity China installed last year.

Beijing set the target for 2015 in order to “stabilise and expand the solar application market,” the regulator said.

Shares of Chinese solar companies rose early on Wednesday on domestic media reports that China planned to revise up its overall installation target for 2015.

Last month, the NEA had said China aimed to install 15 GW of solar generating capacity this year, but that it would consult the industry before setting a final target.

Wind farm along G215 National Highway, Gansu Province, China
My Adventures Across China | Page 14
simply great .....dare to dream and will to achieve
 
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Clean energy is the way to go!
solar water heater everywhere in China!!!
a small town in one of the poorest provinces in China, Yunnan
2014

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a Tibetan village in western Sichuan
2012

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China Spawns Its Latest Renewable Energy Billionaire

Cao Renxian, chairman of China’s Sungrow Power Supply, has joined the ranks of the world’s renewable energy billionaires following record closing highs in the share price of his Shenzhen-listed company this week.

Sungrow makes power supply equipment for the solar and wind power industries, mainly inverters and converters. Its revenue rose by 44% last year to 3 billion yuan, or $479 million. That helped to boost net profit to 291.7 million yuan, or $46.6 million, an increase of 61% from 2013.

Cao, 46, taught at Hefei University of Technology in eastern China’s Anhui Province in 1993-98 and founded Sungrow in 1997. He owns 39% of the company, a stake worth 6.3 billion yuan, or $1 billion, at today’s record closing price of 25.99 yuan.

Sungrow’s shares have gained more than 40% in the past year. The small-cap ChiNext index at the Shenzhen Stock Exchange has soared 47% in past year, fueling in part by expectations of declining interest rates in China that would make equities investments more attractive than bank deposits.

China’s richest man, Hanergy chairman Li Hejun, also hails from solar power industry. His flagship business, Hong Kong-listed Hanergy Thin-Film Power Group, boasts a market cap six times that of top U.S. thin-film panel supplier First Solar. China’s government is seeking to advance the solar industry to help remedy to the country’s appalling air pollution, an effort that has also benefitted Sungrow.

Sungrow said last November it would form two joint ventures with Samsung SDI that would focus on lithium battery business.

Sungrow employs more than 1,000 people, and has a U.S. headquarters in San Francisco, according to its website.

Cao ranked No. 369 on the 2014 Forbes China Rich List published last October with wealth of $730 million.
 
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China Spawns Its Latest Renewable Energy Billionaire

Cao Renxian, chairman of China’s Sungrow Power Supply, has joined the ranks of the world’s renewable energy billionaires following record closing highs in the share price of his Shenzhen-listed company this week.

Sungrow makes power supply equipment for the solar and wind power industries, mainly inverters and converters. Its revenue rose by 44% last year to 3 billion yuan, or $479 million. That helped to boost net profit to 291.7 million yuan, or $46.6 million, an increase of 61% from 2013.

Cao, 46, taught at Hefei University of Technology in eastern China’s Anhui Province in 1993-98 and founded Sungrow in 1997. He owns 39% of the company, a stake worth 6.3 billion yuan, or $1 billion, at today’s record closing price of 25.99 yuan.

Sungrow’s shares have gained more than 40% in the past year. The small-cap ChiNext index at the Shenzhen Stock Exchange has soared 47% in past year, fueling in part by expectations of declining interest rates in China that would make equities investments more attractive than bank deposits.

China’s richest man, Hanergy chairman Li Hejun, also hails from solar power industry. His flagship business, Hong Kong-listed Hanergy Thin-Film Power Group, boasts a market cap six times that of top U.S. thin-film panel supplier First Solar. China’s government is seeking to advance the solar industry to help remedy to the country’s appalling air pollution, an effort that has also benefitted Sungrow.

Sungrow said last November it would form two joint ventures with Samsung SDI that would focus on lithium battery business.

Sungrow employs more than 1,000 people, and has a U.S. headquarters in San Francisco, according to its website.

Cao ranked No. 369 on the 2014 Forbes China Rich List published last October with wealth of $730 million.
Good for him.
More entrepreneurs should get involved in sci-tech innovation rather than merely invest in financial products. All great powers are based on strong manufacturing, not service sector.
 
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Along Wuhan-Xiamen HSR, in the mountainous border region of Jiangxi Province and Fujian Province.
When the photo was zoomed in, every house has solar water heaters on the roof!!!
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China Raises 2015 Solar Target: 2 Stocks in Focus - Analyst Blog
March 19, 2015, 10:59:00 AM EDT

The Chinese National Energy Administration ("NEA") revealed its ambitious goal of installing 17.8 gigawatts ("GW") of solar capacity in 2015, which is about 18.7% higher than the previous 15 GW proposal announced in February.

The NEA had earlier set a challenge of installing 14 GW of solar capacity in 2014. But the world's largest carbon emitter fell short of the target and could achieve only 10.6 GW.

The country is determined to increase its renewable energy mix in power generation to 20% by 2030, with a target of achieving 100 GW photovoltaic ("PV") of power by 2020. It seems that President Xi Jinping has waged a war against pollution following the November pact with President Obama.

With the latest goal, will China be able to escalate solar installations by about 67.9% this year to meet its lofty target?

Bumpy Ride Ahead

Industrialization and urbanization in China led to skyrocketing demand for energy, which ultimately had to be met by coal. But simultaneously rising levels of pollution has the Chinese government reconsidering its choice to fuel economic growth. The country has now redirected its emphasis to clean energy and aims to increase the share of solar power. The Chinese government is thus offering attractive subsidies to boost the solar industry. As per the NEA, subsidies accounted for about 19% of new PV installations in 2014.

Despite commendable efforts, the solar industry in China is still struggling to take off because of several obstacles. Inadequate transmission infrastructure in an otherwise sunny country has severely stunted the growth of solar projects. So, China decided to address the issue by emphasizing on distributed solar including rooftop panels. Subsequently, the NEA rolled out a target of 8 GW of distributed solar for 2015.

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Where is the environmental fanatics to bash the French regime? LOL.

Eiffel Tower shrouded in smog as Paris pollution spikes | World news | The Guardian

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China plans to build huge space solar power station

Mar 30, 2015, 12.59 PM IST | Source: PTI

The electricity generated would be converted to microwaves or lasers and transmitted to a collector on Earth, state-run Xinhua news agency reported.

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China plans to build a huge solar power station 36,000 kilometres above the ground in an attempt to battle smog, cut greenhouse gases and solve energy crisis, much on the lines of an idea first floated in 1941 by fiction writer Isaac Asimov, state media reported on Monday.

If realised, it will surpass the scale of the Apollo project and the International Space Station, and be the largest-ever space project. The power station would be a super spacecraft on a geosynchronous orbit equipped with huge solar panels.

The electricity generated would be converted to microwaves or lasers and transmitted to a collector on Earth, state-run Xinhua news agency reported.

In 1941, American science fiction writer Isaac Asimov had published a short story "Reason", in which a space station transmits energy collected from the sun using microwave beams. Wang Xiji, an academician of the Chinese Academy of Sciences and an International Academy of Astronautics member, says Asimov's fiction has a scientific basis.

After devoting over 50 years to space technology research, Wang, 93, is an advocate for the station: "An economically viable space power station would be really huge, with the total area of the solar panels reaching 5 to 6 sq km."

That would be equivalent to 12 of Beijing's Tian'anmen Square, the largest public square in the world, or nearly two New York Central Parks. "Maybe people on Earth could see it in the sky at night, like a star," says Wang.

Wang says the electricity generated from the ground-based solar plants fluctuates with night and day and the weather, but a space generator collects energy 99 percent of the time.

Space-based solar panels can generate ten times as much electricity as ground-based panels per unit area, says Duan Baoyan, a member of the Chinese Academy of Engineering.

"If we have space solar power technology, hopefully we could solve the energy crisis on Earth," Duan said. Wang says whoever obtains the technology first "could occupy the future energy market.

So it's of great strategic significance." Countries such as the US and Japan have studied space solar power station. Japan leads the development of wireless power transmission technology. However, many hurdles lie ahead: A commercially viable space power station would weigh 10,000 tons.

But few rockets can carry a payload of over 100 tons to low Earth orbit. "We need a cheap heavy-lift launchvehicle," says Wang, who designed China's first carrier rocket more than 40 years ago. "We also need to make very thin and light solar panels.

The weight of the panel must be less than 200 grams per square metre." Li Ming, vice president of the China Academy of Space Technology, says, "China will build a space station in around 2020, which will open an opportunity to develop space solar power technology."

"When space solar energy becomes our main energy, people will no longer worry about smog or the greenhouse effect," concludes Wang.

Read more at: China plans to build huge space solar power station - Moneycontrol.com
 
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The American regime just can't help twisting a possible solution to a serious problem and making in passing incredulous deductions and accusations。:rofl:

China wants a massive solar-powered space laser

By: Joshua Philipp | OFweek | Posted: 01 Apr 2015, 15:20

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Chinese researchers are proposing a trillion-dollar solar space-based power station, which will beam its electricity to a collector on Earth using microwaves or lasers, the state-run Xinhua news agency reported on March 30. While billed as a power station, analysts believe this station is in fact meant to be a space weapon.

The proposed space power station, which Xinhua describes as “a super spacecraft on a geosynchronous orbit equipped with huge solar panels,” would be around twice the size of New York’s Central Park.

“If realized, it will surpass the scale of the Apollo project and the International Space Station, and be the largest-ever space project,” Xinhua states.

While the technology may sound a bit far-out, the Chinese regime activated and began funding the program in 2010, according to a report from the China Academy of Space Technology.

“Whoever obtains the technology first could occupy the future energy market. So it’s of great strategic significance,” said Wang Xiji, the principle spokesman for the project, and a researcher at the Chinese Academy of Sciences, according to Xinhua.

Wang had previously said, according to a report released by WikiLeaks, that the power plant could generate up to 100MW of electricity, with its size “dwarfing the International Space Station and becoming the biggest man-made object in space.”

A 2011 report from China’s Guangming Daily estimates the project will cost up to $1 trillion.

Military Threat

The station’s proposed laser and microwave systems have military capabilities that fit perfectly with the Chinese regime’s secretive Assassin’s Mace program, a set of strategies meant to allow China to defeat a technologically superior enemy, the United States.

Both microwave and laser technology can be used as anti-satellite weapons, or as weapons to jam electronics and missile defense systems.

A report released in September 2010 from the U.S. National Ground Intelligence Center warns of China’s Assassin’s Mace and “Trump Card” weapons. It states they include technology for jamming communications, using high-powered microwave weapons to disable missile systems, and other technology to destroy electronics in large areas.

The Chinese regime’s space-based solar power plant “is an idea that has been bouncing around over there for some time,” said Richard Fisher, senior fellow, Asian Military Affairs International Assessment and Strategy Center, in a phone interview.

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“U.S. officials have told me that, yes, you take this thing and turn it horizontally, then you could have a very powerful weapon,” Fisher said, noting “any network of space solar systems that China may build will be done with the real potential for military benefits.”

“This is a very serious pursuit by China,” he said, noting that while the West has been mulling over similar concepts for decades, the Chinese regime is able to move enough funds to actually build such a system.

Fisher added that once completed, the program will very likely end up under the Chinese regime’s military, the People’s Liberation Army.

A Long-Term Goal

Discussions on the technology started with a 1968 article in the journal Science from U.S. scientist Peter Gleason, who proposed a design for a space-based solar power station.

The idea is that while solar panels on Earth get fluctuating sunlight each day, a space-based system would get almost constant sunlight. Xinhua reports the panels could gather up to 10 times more energy than those on Earth.

In 2010, the Chinese regime had “decided that power coming from outside of the earth, such as solar power and development of other space energy resources, is to be China’s future direction,” according to a report from the China Academy of Space Technology.

It adds that space-based solar power and the development of solar-power satellites are among the “‘outside’ approaches currently under development in China.”

A design for a space-based solar power station was “activated, approved, and funded by the Ministry of Industry and Information Technology” in 2010, soon after researchers submitted a proposal to the Chinese regime, according to the report.

The program has a long development cycle. The report estimates that in 2020 testing a system in-orbit will begin, and in 2025 the first demonstration will be completed.

They estimate the system will be able to generate electricity by 2035, and will be commercially viable by 2050.

Among the biggest hurdles is the fact that China does not currently have the technology needed for the program. The Chinese regime will need thinner solar panels, and a launcher capable of carrying a payload of more than 100 tons into orbit.

In order for the station to function as a power station, the laser or microwave technology will need to be able to beam energy to Earth while losing less than half during transmission, a capability that doesn’t currently exist.
 
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