18 Aug '11, 10am

Report: Chinese #solar power could reach grid parity by 2015

A Chinese study suggesting solar power could achieve grid parity by 2015 has reignited calls in the UK for the government to bolster its own support for the renewable energy technology. A Chinese newspaper , citing a government-linked think tank, reported this week that the price of solar powered electricity could drop below 0.80 yuan (76p)/kWh by 2015, which would put it on a par with conventional coal-fired power tariffs. FURTHER READING Evergreen Solar files for bankruptcy and seeks buyer China's XEMC prepares ground for first European wind turbines The price drop would be delivered as the world's largest solar panel manufacturer ramps up installation across the country, said the Energy Research Institute, a body backed by China's influential National Development and Reform Commission (NDRC). By the end of this year, China is expected to have more than doubled its solar...

Full article: http://www.businessgreen.com/bg/news/2102731/report-chine...

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