Beijing To Increase Investment In Solar Power

2010 Jan 11


From 2010, Beijing will invest at least CNY200 million each year in six major solar power projects.
These investments are outlined in "Guideline on Accelerating the Development and Utilization of Solar Power in Beijing" which was jointly released by the Beijing Municipal Development and Reform Commission, the Beijing Municipal House Construction Commission, and three other agencies.
The six projects are a 20,000-kilowatt photovoltaic rooftop project, a 50,000-kilowatt solar energy demonstration power plant project, a solar power campus project, a solar power hot water project, a solar power agriculture project, and a solar power night landscape project.
It is expected that the policy support will help drive a total of CNY6.5 billion social investment in three years, and with the policy in place, the total area covered by solar power heating systems in the city will reach seven million square meters, solar power generation system will reach 70 megawatts in capacities and the value of solar power output will be over CNY20 billion.

Read more: http://www.chinacsr.com/en/2010/01/11/6940-beijing-to-increase-investment-in-solar-power/
 
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Italy's solar power capacity rises to 700 MW: GSE

2009 Nov 26

MILAN (Reuters) -

Italy's total capacity of the photovoltaic (PV) installations that turn sunlight into power has risen to 700.7 megawatts from 650 MW a month ago, the state-run energy management agency GSE said on Thursday.

The number of PV installations on stream in Italy, a major solar power market in Europe, rose to 56,285 now from about 53,000 a month ago, GSE said in an update on the sector.

Italy may well reach a total PV installed capacity of 800 MW by the end of this year and hit 1,200 MW by the summer of 2010, Gert Gremes, chairman of Italy's PV association GIFI told Reuters, confirming his earlier forecast.

PV installations mushroomed in Italy from about 22 MW in early 2007 after the government launched a new incentive plan that was among the most generous in Europe. The government intends to cut incentives to ease the budget burden.

The industry which needs clarity on new incentive scheme to plan future investments expects the government to announce its new plan by the end of this year or in January at the latest, Gremes said on the sidelines of a PV conference.

Read more: http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE5AP33O20091126

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