REGULATION | Staff Reporter, China

China's State Power Investment Corporation targets 170GW of installed capacity

The goal is set for 2020.

China's State Power Investment Corporation (SPIC) announced its major planning objectives for 2020 and intends to generate around 50% of its electricity from clean energy by 2020 up from 43%, according to Enerdata.

This 50% figure includes hydropower, gas-fired capacity and nuclear and it will be split as follows: hydropower (15%), nuclear (7%), natural gas (6%) and "other new energy" (22%) such as solar PV and wind.

"The company sets a target of 170 GW of operating power capacity by 2020, of which 25.2 GW for hydropower, 11.96 GW for nuclear, 10.71 GW for natural gas-fired capacity and 37.10 GW for other, of which around 15 GW planned for solar PV. As of 2016, SPIC reported a total capacity of 116 GW (+8.4%, versus 107 GW in 2015 and 97 GW in 2014)," Enerdata said.

This story was originally published by Enerdata.

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