China to stop subsidise new solar power stations, onshore wind projects in 2021

Reuters2021-06-11

BEIJING, June 11 (Reuters) - China will no longer grant subsidies for new solar power stations, distributed solar projects by commercial users or onshore wind projects from the central government budget in 2021, the state planner said in a statement on Friday.

Electricity generated from the new projects will be sold at local benchmark coal-fired power prices or at market prices, the statement said.

The new rule will take effective from Aug. 1.

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Comments

  • Apsidius
    2021-06-11
    Apsidius
    Hi
  • zwywz
    2021-06-11
    zwywz
    Nice [開心] 
  • Fiona888
    2021-06-11
    Fiona888
    Yes
  • LLX88
    2021-06-11
    LLX88
    I see
  • GCL08
    2021-06-11
    GCL08
    It’s actually not a bad move. This will show the real volume of sustainability energy in China and reflect the real consumption and growth 
  • Kikiooi
    2021-06-11
    Kikiooi
    Any impact to market? 
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