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Rosy outlook for distributed power industry in coming years

By Du Juan ( China Daily ) Updated: 2013-03-09 08:08:29

China's booming distributed power generation industry is expected to achieve a direct market value of 10 trillion yuan ($1.6 trillion) and bring indirect business opportunities worth about 30 trillion yuan, in the coming years under the government's encouraging policies, said a member of the National Committee of the 12th Chinese People's Political Consultative Conference.

Additionally, the industry will contribute to the improvement of the country's energy consumption patterns and will allow China to meet carbon emissions reduction targets, said Li Hejun, a CPPCC member and also the chairman of the China New Energy Chamber of Commerce.

"I suggested that the country should encourage distributed solar power generation projects during last year's conferences," Li told China Daily. "The government launched policies to make my suggestions come true in December and I felt really glad."

Rosy outlook for distributed power industry in coming years

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