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According to Ernst & Young's latest quarterly global renewable energy Country Attractiveness
Indices report released recently, having quadrupled its solar capacity target to 50 giga watts
by 2020 and began an accelerated domestic installations program to tackle the oversupply
of solar panels, China looks set to continue its domination of the global renewable energy
market. During quarter two 2012, China remained at the top of the All Renewable Index but
has a number of challenges to overcome, such as the oversupply of wind turbines and solar
panels and resolving grid transmission issues.
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