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Jiangsu Targets RMB 450B From Clean Energy
Jiangsu province has created a new energy plan under which the new energy industry will record sales revenue of RMB 450 billion annually by 2011, reports spvchina.com. The province expects to generate revenue of RMB 350 billion from the production of 10GW of solar cells and modules, while sales of wind power equipment with a capacity of 4GW will bring the province RMB 80 billion.
Jiangsu generated RMB 90 billion in new energy in 2008. Jiangsu accounted for 1.58GW of China's total 2.54 GW of PV power production capacity in 2008, making it the country's biggest PV energy producer, the report said.
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