China to focus on developing solar power and wind power

China plans to install 10 million kilowatts (kW) of solar power generating capacity and 13 million kilowatts of biomass power capacity over the next five years, but has not yet set the capacity target for wind and nuclear power, the newspaper cited unidentified officials.

The biomass sector, which could see the establishment of more than 100 such power plants every year, is growing faster than other forms of new energy because it is the least costly, the article said, citing analysts.

Biomass, a renewable energy source, is biological material from living, or recently living organisms, such as wood, waste, gas, and alcohol fuels.

China’s benchmark on-grid solar power price for projects approved before July 1 and completed by the end of this year was set at 1.15 yuan per kilowatt-hour (kWh), Reuter reported Monday, citing a document from the National Development and Reform Commission (NDRC). The grid feed-in power tariff for solar projects approved after July 1 was 1 yuan per kWh, the commission said.