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Jiangsu to Release New Solar Stimulus
Jiangsu province plans to release a new plan to promote solar power applications soon, reports China Business News quoting an unnamed insider. According to a draft of the plan, Jiangsu intends to reach building and rooftop installations of 10MW in 2009; 50MW including 40MW of rooftop projects in 2010; and 200MW including 180MW of rooftop projects in 2011. The plan also mentions the possibility of establishing funds to provide project construction subsidies and risk guarantees, said an executive of Jiangsu's PV Industry Association.
Jiangsu province announced plans at a Renewable Energy Industry Conference on March 26 to subsidize 260MW of solar electricity and reach annual polysilicon production capacity of 30,000 tons by 2011, the official site of meeting participant GCL Silicon Technology Holdings said on March 30.
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