Subsidies

Taiyuan, Shanxi to issue subsidies for new energy projects

Taiyuan issued measures to attract investment to the area, covering a large number of industries and projects. The list includes renewable energy and promotes the utilization of solar energy, wind energy, biomass energy, hydro energy, geothermal energy and new energy storage to build a new energy structure with new energy as the main body. The …

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Three government ministries to evaluate status of subsidies for renewable energy projects

Policy, Subsidies

On March 24, the National Development and Reform Commission and two other ministries jointly issued the “Notice on Carrying out the Self-inspection of Renewable Energy Power Generation Subsidies”. The government will verify renewable energy power generation subsidies nationwide to assess how much subsidies are owed to renewable energy companies and crackdown on fraudulent behaviour. The …

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