China announces 49 GW of renewables in 2013. Solar stocks soar.

REW: “Chinese solar stocks led the first advance in the benchmark index of U.S.-traded shares this week on prospects domestic demand for alternative energy will rise after the government increased capacity targets.”” ….Suntech Power Holdings Co., the world’s biggest solar-panel maker, surged 13 percent. …China, the world’s biggest supplier of solar power panels, plans to add 10 gigawatts of solar power capacity this year, more than double its current level, the National Energy Administration said in a statement on its website on Jan. 8. LDK Solar Co. and Trina are the biggest gainers on the China-US gauge this year, after the government approved subsidies for rooftop solar installations Jan. 4, and initiated a second round of assistance to more than 100 solar developers last month.”