68 0

BEIJING (Reuters) - China will give priority to the construction of wind and solar projects that can operate without subsidies this year, and will cap new subsidized capacity, the energy regulator said on Friday, part of efforts to ease a subsidy payment backlog. FILE PHOTO: Employees row a boat as they check solar panels of a photovoltaic power generation project at a fishpond in Jingzhou, Hubei province, August 23, 2017. Picture taken August 23, 2017. REUTERS/Stringer. After a rapid fall in manufacturing costs, China has been gradually cutting the amount of subsidies to renewable energy providers. It said last year that it would take action to ensure wind and solar generators can achieve... Full story

22 April