China to introduce feed-in-tariff

Sun Supermarket – China said it will introduce a preferential tariff it will pay energy companies that use solar power for their generating capacity, as part of the government’s push for greater use of clean technology. The preferential tariff — the price that China’s two state-owned electricity transmission and distribution companies will pay energy companies for their solar power — aims to make solar power competitive against traditional fuels, such as coal, which accounts for two-thirds of China’s electricity.  via Wall Street Journal>>

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