China Securities Journal reported on Friday that the plan has been submitted to the State Council, China’s cabinet, and is about to be published soon.
Under the plan, China will expand hydropower installed capacity to 260 million kilowatts (KW) by 2015, which is expected to generate 910 billion kilowatt-hours (KWh) of electricity annually. Meanwhile, pumped power storage use is planned at 30 million KW by 2015.
The country’s on-grid wind turbines installed capacity is targeted at 100 gigawatts (GW), with annual electricity output of 190 billion KWh by 2015, the plan says.
The plan also sets a target of expanding the solar power installed capacity to 15 GW by 2015, including 14 GW for photovoltaic solar energy generation and 1 for concentrated solar thermal power generation. For biomass energy, the power generation installed capacity is planned at 13 GW by 2015.