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Solar Takes Lead Role in Latest China Five-Year Plan
China is the largest manufacturer and installer of solar photovoltaic power systems in the world, and the country appears ready to increase its solar installations based on information contained in the country’s 14th Five-Year Plan (FYP). The plan, covering the period 2021-2025, is being developed and expected to be implemented beginning in March 2021.
The policy priorities of the plan were revealed in late October 2020, when the 19th Central Committee of the Communist Party of China held its Fifth Plenary Sessions in Beijing. China has set a target to be carbon-neutral by 2060, and the latest plan’s outline for energy shows the country could increase annual installations of solar power generation capacity to as much as 85 GW, about double the country’s current rate. China in October 2020 brought a 2.2-GW solar farm (Figure 1) online—it is currently the world’s second-largest in terms of generation capacity—in the northwest province of Qinghai.