China's National Energy Administration is preparing to submit a stimulus plan for the renewable and clean energy industries to the State Council, Zhou Xi'an, an NEA director said Tuesday.
The plan has been in the making for more than a year, and is expected to include revised development targets for nuclear, wind and solar power, among others, to ensure that the country can achieve its commitment to increase power from non-fossil fuels to 15% of its energy mix by 2020. The State Council acts as the government's cabinet.
China aims to install wind-power generating capacity of more than 100 gigawatts and solar-power capacity of more than 20 GW by 2020, NEA head Zhang Guobao said previously.
The nation will also have at least 70 GW of nuclear installed capacity by the end of the next decade, Zhang said.
The NEA chief's estimates far outpace the targets put forward in the renewable energy blueprint to 2020 that China released in 2007.