China Eases Rules That Could Slow World-Beating Solar Boom

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China Eases Rules That Could Slow World-Beating Solar Boom
Renewable PowerChinaEnergy Intensity
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(Bloomberg) -- China has allayed fears that growing grid congestion could tap the brakes on its record pace of renewable installations, by relaxing limits on...

-- China has allayed fears that growing grid congestion could tap the brakes on its record pace of renewable installations, by relaxing limits on how much renewable power can be utilized in energy-rich areas.The move is one of a number of government policies released on Wednesday designed to promote clean energy. Others include speeding up battery storage installations and accelerating the build-out of power lines.

The plan also calls for better deployment of new production capacity for a number of new energy metals, including the silicon used in solar manufacturing and the lithium in batteries. It also prohibits preferential power rates for sectors with high energy intensity, a move that’s likely to benefit GCL’s low-energy polysilicon production methods, Ip said.

-- California expects to avoid rolling blackouts this summer as new solar plants and large batteries plug into the state’s grid at a rapid clip.

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