China to trim subsidy support for renewables as costs continue to fall

Madeleine Cuff
clock

From 2016 China will cut subsidy rate offered to wind and solar projects to reflect falling construction costs

China will cut the subsidy payments to new wind and solar plants next year to reflect declines in construction and operational costs. From 2016 tariffs for new wind farms will be cut by up to 0.02 yuan...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: US renewables capacity tipped to more than double to over 1TW by 2035

Study: US renewables capacity tipped to more than double to over 1TW by 2035

New report predicts US renewables sector will continue to expand, despite opposition from Trump White House

BusinessGreen staff
clock 31 December 2025 • 4 min read
Octopus Energy to spin-out software arm Kraken at $8.65bn valuation

Octopus Energy to spin-out software arm Kraken at $8.65bn valuation

Energy giant announces plan to sell $1bn-worth of equity in Kraken, as part of major funding round involving new and existing investors

BusinessGreen staff
clock 30 December 2025 • 3 min read
EDF 'Sunday Saver' scheme to return in January

EDF 'Sunday Saver' scheme to return in January

Energy giant confirms popular energy saving incentive programme will be available from next month

BusinessGreen staff
clock 30 December 2025 • 2 min read