China to double solar power capacity in 2013
January: 2013: China aims to add 10 gigawatts (GW) of installed solar power capacity this year, up from 7 GW at the end of last year, according to a government announcement. The goal for 2013 will put China within easy reach of its stated target of 21 GW of installed solar power capacity by 2015.
Renewable energy in China is expected to account for about 10 percent of total energy consumption by 2015.
“These growth trends in China represent tremendous new opportunities for companies capable of developing innovative solutions.”
Michael J. Silverstein, Senior Partner, Boston Consulting Group (Source: Harvard Business Review)