China to boost solar and cut its goals for nuclear power

[Fledermaus]

China will cut its 2020 target for nuclear power capacity and build more solar farms following Japan’s nuclear crisis, according to a report from Bloomberg.

http://www.powergenworldwide.com/index/display/articledisplay/8270765350/articles/powergenworldwide/nuclear/reactors/2011/04/china-cut.html

[kristopher]

1. The growth in their solar sector is already far outstripping nuclear

Since 2007 they have built enough factories to produce 35GW of panels each year. That means their factories can turn out enough panels to produce the equivalent in delivered electricity to about 7-8 1GW nuclear plants each and every year those factories are up and running.

They are *also* leading the world in producing new generation lithium batteries intended for both EV use AND home storage for rooftop solar.