China Ups Solar Target By 20%: Is It Achievable? Who Will Benefit?

China's National Energy Administration has increased its solar installation target to 17.8 GW for 2015, marking a 20% increase from the provisional installation target of 15 GW outlined in January. The new target is likely to be met with some skepticism given that the country failed to meet its 14 GW target in 2014. However, despite the previous missteps, we believe that the ambitious new target signals that the government is determined to drive solar installation growth and is also more confide...