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

Credit:  Reuters | June 11, 2021 | www.reuters.com ~~

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.

Source:  Reuters | June 11, 2021 | www.reuters.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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