, 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.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

India removes licence requirement to build transmission lines for bulk consumers
The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.
NEFIN Group works double time to catch up on projects
CEO Glenn Lim explains how a delay turned out good as the company aims to reach 667 MW of capacity by 2026.
Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.