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
June 4, 2019
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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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