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China Sets a Subsidy Budget of RMB 1.5 Billion for New Solar Projects in 2020

Of this amount, nearly RMB 500 million in subsidies is targeted towards residential solar projects

January 28, 2020

/ Nithin Thomas
/ Markets & Policy, Solar
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China’s National Energy Administration (NEA) has announced that it plans to provide subsidies of RMB 1.5 billion (~$216.1 million) for new solar power projects in the country this year, according to its ‘construction plan for photovoltaic power generation projects in 2020.’

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Nithin Thomas

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2020ChinaNEAPhotovoltaicResidentialSolar
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