04-25-2015, 04:10 AM
China connected 5.04GW of solar capacity (nearly equal to France's) in Q1, the National Energy Administration reports. The figure brings China's cumulative installations to 33GW, and suggests the country is on its way to hitting a full-year target of 17.8GW.
China installs 5GW of solar capacity in Q1 - ReneSola Ltd. (NYSE:SOL) | Seeking Alpha
Apple just agreed to back two large solar farms in China. It’s the biggest deal of its kind for a U.S. company operating in China. For China, the deal is only a beginning. China has been installing more renewable-power capacity than fossil fuels for several years, a gap that's growing. In 2015, China will install 15 gigawatts to 18 gw of solar power alone, double the solar deployment in the U.S., according to an analysis by Bloomberg New Energy Finance (BNEF).
Here’s Why Apple Is Building Solar Farms in China - Bloomberg Business