• Plan to hit 20% renewable target by 2020
• $30bn for low-carbon projects
By Julian Borger and Jonathan Watts in Beijing
China is planning a vast increase in its use of wind and solar power over the next decade and believes it can match Europe by 2020, producing a fifth of its energy needs from renewable sources, a senior Chinese official said yesterday.
Zhang Xiaoqiang, vice-chairman of China's national development and reform commission, told the Guardian that Beijing would easily surpass current 2020 targets for the use of wind and solar power and was now contemplating targets that were more than three times higher.
In the current development plan, the goal for wind energy is 30 gigawatts. Zhang said the new goal could be 100GW by 2020.
"Similarly, by 2020 the total installed capacity for solar power will be at least three times that of the original target [3GW]," Zhang said in an interview in London. China generates only 120 megawatts of its electricity from solar power, so the goal represents a 75-fold expansion in just over a decade.
"We are now formulating a plan for development of renewable energy. We can be sure we will exceed the 15% target. We will at least reach 18%. Personally I think we could reach the target of having renewables provide 20% of total energy consumption." …
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