BMI View: We have upwardly revised our 10-year renewables capacity and generation forecasts for Chinathis quarter, further cementing the country's position as the global leader for renewable energy.
Incorporating renewable energy into the power mix is a top priority for the government and continuedstrong government support for both the wind and solar sectors is one of the key fundamentals underpinningour bullish view on the Chinese renewables market.
China led the world in terms of total investment into renewable energy in 2014, up 32% from the previousyear, and we expect this trend to remain in place in 2015 and beyond. The country will continue to be thefastest growing and the largest market in terms of installed renewables capacity globally, as the governmentpushes to meet the country's growing power needs while reducing pollution.
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