China doubles 2020 solar target
BEIJING, CHINA - China has more than doubled its target for solar power capacity to 50 gigawatts by 2020, according to Chinese state-run media reports, amid rising prices for energy commodities like coal and oil and new doubts about the safety of nuclear power in the wake of the Japanese earthquake.
China, which is poised to become the world's largest economy by the next decade, expects to reach 10 gigawatts of solar energy capacity by 2015.
China will spend hundreds of billions of dollars to meet a goal of generating 15 of its energy from renewable sources by 2020.
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Mexican president's contentious electricity overhaul defeated in Congress
MEXICO CITY - Mexican President Andres Manuel Lopez Obrador's plan to increase state control of power generation was defeated in parliament on Sunday, as opposition parties united in the face of a bill they said would hurt investment and breach international obligations.
His National Regeneration Movement (MORENA) and its allies fell nearly 60 votes short of the two-thirds majority needed in the 500-seat lower house of Congress, mustering just 275 votes after a raucous session that lasted more than 12 hours.
eeking to roll back previous constitutional reforms that liberalized the electricity market, Lopez Obrador's proposed changes would have done away with…
