China to subsidize photovoltaic

The National Development and Reform Commission issued new subsidy standards for distributed solar power generation projects, stipulating a 0.42 yuan (7 cents) subsidy for every kilowatt-hour of electricity produced by distributed photovoltaic, or PV, power units. The policy is the country’s first of its kind. Distributed PV power units were previously subsidized on a project-investment … Continue reading China to subsidize photovoltaic

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