Mercom Insider

China Allocates $435 Million for Solar Project Subsidies in 2019

The exact project capacity that will be supported with these subsidies is expected to be announced in the coming months

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China’s National Energy Administration (NEA) has confirmed that it will allocate approximately RMB 3 billion ($435 million) for solar projects this year. This is the first time that the country would be setting an annual cap on solar subsidies.

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