Tag Archives: subsidies

China Offers New Subsidies For Solar Power (STP, YGE, TSL)

The Chinese government just announced it will offer significant new subsidies to solar power manufacturers. According to Reuters, the government will cover 50 percent of investments for solar power projects and necessary power transmission and distribution projects. There are some qualifications for companies to receive the subsidy: The projects must generate at least 300 KW at peak power, must be maintained for 20 years and must be completed in a year.  PV systems installed in … Read the rest