China to enact feed-in tariffs this summer

Sun Supermarket – An industry official reported to the South China Morning Post that Beijing is expected to enact subsidized prices for solar power production as soon as late summer. After looking at the policies of developed nations, the National Energy Commission of the National Development and Reform Commission has taken preliminary steps to enact subsidized rates for solar energy. The subsidy will be financed through a renewable energy fund built by small surcharges to electricity users based on usage volume, according to Zhao Yuwen, head of the China Renewable Energy Society’s photovoltaic committee. Monies in this fund are also used on other clean energy projects. Beijing also plans a preferential tariff of ¥1.09/KW-hour for solar projects. via PV Tech>>

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s