China Guodian to increase green energy spending

China Guodian Corporation will increase spending on green energy in its total spending during the 12th Five-Year Plan period to 51.9 percent.

According to 163.com, Guodian plans to expand its installed power generation capacity to 60 GW at the end of the 12th Five-Year Plan period. Of the total, thermal power, hydropower, wind power and solar power will account for 59 percent, 16 percent, 22.4 percent and 2.4 percent, respectively.