In a release on November 8, CBI China said that among the newly encouraged energy resources listed in the Catalog of Guidance of Industrial Structural Adjustment (2011 Version) issued by China’s National Development and Reform Committee (NDRC) in June, concentrating solar power was given priority for growth. In addition, according to the forthcoming 12th Five-Year Plan for Renewable Energy Development, the installed capacity of solar thermal power is expected to reach 1 GW by 2015 and 3 GW by 2020.
It is said that power generation enterprises including the five electricity giants have founded their teams specializing in thermal power generation, some of which have made substantive achievements and have been working on project preparations. According to preliminary statistics, the total capacity of thermal power planned and under construction will exceed 3 GW by 2015.
Although compared to Germany, U.S. and Spain, China still has a long way to go in research and manufacturing of concentrated solar thermal power generation equipment, it has achieved progress in the core technologies of thermal-arrest and light collecting. Today in China, dozens of corporations are not only involved in generation plant and facility building, but also accelerating the development of their distribution capabilities. Since the foundation of the Ordos concentrating solar power generation plant in the Inner Mongolia Autonomous Region, generation projects with a total capacity of nearly 400 MW have sprung up, among which some have doubled their investment to achieve twice as much as the planned capacity to meet the increasing demand. It is estimated that by 2012, the market value of China’s concentrating solar power generation business will exceed RMB 10 billion.