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Domestic solar market to expand

Updated: 2012-02-25 08:30
By Du Juan ( China Daily)

Domestic solar market to expand

Plan intends to promote PV industry as production capacity goals set

BEIJING - China is aiming to reduce the cost of domestic solar power and expand the domestic market to better develop the photovoltaic (PV) industry during the 12th Five-Year-Plan period (2011-15), said the Ministry of Industry and Information Technology on Friday.

According to the industry plan announced by the ministry, the country will reduce the cost of solar power to 0.8 yuan (12 US cents) per kilowatt-hour by 2015 and 0.6 yuan per kWh by 2020 and increase production of solar panels.

Domestic solar market to expand

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