industry observers. By 2009 China had total installed windpower capacity up to 26 GW. China has identified wind power as a key growth component of the country's economy. As of 2010, China has become the world's largest maker of wind turbines, surpassing Denmark, Germany, Spain, and the United States. The initial future target set by the Chinese government was 10 GW by 2010, but the total installed capacity for wind power generation in China had already reached 25.1 GW by the end of 2009. In September 2019, Norwegian energy firm Equinor and state-owned China Power International Holding (CPIH) announced their plan to cooperate in developing offshore wind in China and Europe. In 2020, China deployed 71.7 GW of wind energy capacity, a 60% increase compared to 2019 and more than the rest of the world combined. In the year 2022, China is set to install more 56 GW of wind turbines, of which 50 GW are from onshore wind and 6W from offshore wind turbines. Solar power China produces 63% of the world's solar photovoltaics (PV). It has emerged as the world's largest manufacturer as of June 2015. Following the new incentive scheme of Golden Sun announced by the government in 2009, there are numerous recent developments and plans announced by industry players that became part of the milestones for solar industry and technology development in China, such as the new thin film solar plant developed by Anwell Technologies in the Henan province using its own proprietary solar technology. The agreement was signed by LDK for a 500 MW solar project in the desert, alongside First Solar and Ordos City. The effort to drive the renewable energy use in China was further assured after the speech of the Chinese President given at the UN climate summit on 22 September 2009 in New York, pledging that China would adopt plans to use 15% of its energy from renewable sources within a decade. China has become a world leader in the manufacture of solar photovoltaic technology, with its six biggest solar companies having a combined value of over $15 billion. Around 820 MW of solar PV were produced in China in 2007, second only to Japan. Following a report from China Renewable Energy Engineering Institute, in 2022 China is set to install more 100 GW of solar panels. Biomass and biofuel China emerged as the world's third largest producer of ethanol-based bio-fuels