China raises 2015 target for installations

China, the biggest supplier of solar power panels, quadrupled a domestic installation goal for solar energy projects to 21 gigawatts by 2015 to help absorb the excess supply of panels and support prices.

The target includes 1 gigawatt of solar-thermal power plants, said Shi Lishan, deputy director of the administration's renewable energy division.

The plan will be issued soon, he said.