Energy Research Institute (ERI) affi liated to the National Development and Reform Commission is drawing a guidance on the development of renewable energy in a bid to tackle ove rcapacity in this sector, said Ren Dongming, an official with ERI.
Ren said the guidance is supported by the State Council and will be
milestone on the regulation of renewable energy.
Ren stressed that China only faces potential overcapacity in multi- crystalline production and structural overcapacity in the manufacturin g of wind power turbine.
The official also urged the government to carry out industry planni ng and infrastructure building and release early warning information f or renewable energy industry.
China's stimulus package on new energy is awaiting approval of rele vant departments and will be announced by the State Council, added Ren .
The stimulus plan will greatly hike development goals from the ones
put forward in National Development Planning for Renewable Energy in 2006-2010 and Middle and Long-term Development Plan for Renewable En ergy.
The revision of China Law of Renewable Energy is in need of more di scussions before release, according to Ren.
(Xinhua News Agency, October 20, 2009)
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