News Solartex
Advertisement
  • Home
  • CATEGORIES
    • Solar Panels
    • Solar Installation
    • Residential Solar
    • Commercial Solar
    • Solar Contractors
    • Solar Batteries
    • Solar Inverters
    • Solar Lightening
    • Solar Pumps
    • Accessories
  • MORE
    • CONTACT US
    • SOLARTEX USA
No Result
View All Result
  • Home
  • CATEGORIES
    • Solar Panels
    • Solar Installation
    • Residential Solar
    • Commercial Solar
    • Solar Contractors
    • Solar Batteries
    • Solar Inverters
    • Solar Lightening
    • Solar Pumps
    • Accessories
  • MORE
    • CONTACT US
    • SOLARTEX USA
No Result
View All Result
News Solartex
No Result
View All Result
Home Solar Panels

China to further shrink renewables subsidies in market reform push

admin by admin
February 13, 2025
in Solar Panels
0
French Guiana villagers seek UN help to stop solar project
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

China to further shrink renewables subsidies in market reform push

by AFP Staff Writers

Shanghai (AFP) Feb 9, 2025






China’s top economic planner said on Sunday it would reduce some renewable energy subsidies in reforms intended to open the booming sector to market forces.

China has sought to scale back government support for renewable energy companies in recent years as the sector reaches critical mass.

It installed a record amount of renewable energy last year and has already surpassed a target to have at least 1,200 gigawatts of solar and wind capacity installed by 2030.

New clean energy projects completed after June 1 must sell electricity at rates determined by the market rather than at preferential rates previously used to support China’s energy transition, the National Development and Reform Commission (NDRC) said in a statement.

The NDRC urged energy producers to “push forward clean energy’s participation in market transactions”.

The commission also said it “encourages electricity providers and electricity buyers to sign multi-year purchase agreements and pre-emptively manage market risks”.

Beijing invested more than $50 billion in new solar supply capacity from 2011 to 2022, according to the International Energy Agency.

It has built almost twice as much wind and solar capacity as every other country combined, according to research published last year.

However, China’s grid is struggling to keep up.

Renewable supply is increasingly being blocked to prevent the grid from becoming overwhelmed, a process known as curtailment.

Beijing has rolled out a series of measures over the past decade aimed at weaning renewable energy providers off state financial support.

It ended subsidies for new solar power stations and onshore wind power projects in 2021.

Related Links

All About Solar Energy at SolarDaily.com



Source link

Previous Post

12 Ways To Win –

Next Post

NEXT Energy Technologies produces 5-ft tall transparent solar window

admin

admin

Next Post
NEXT Energy Technologies produces 5-ft tall transparent solar window

NEXT Energy Technologies produces 5-ft tall transparent solar window

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AIKO vs. Trina Solar Panels

AIKO vs. Trina Solar Panels

May 15, 2024
Solar Battery Covers | Cover My Inverter

Solar Battery Covers | Cover My Inverter

October 1, 2023
ADT Solar to close 22 of 38 branches

ADT Solar to close 22 of 38 branches

November 2, 2023
Adverse Weather Conditions Solar Panels

Adverse Weather Conditions Solar Panels

October 1, 2023
How many Solar Panels Do I Need?

How many Solar Panels Do I Need?

1
The 5 Best Solar Panels For Your Home or Business

The 5 Best Solar Panels For Your Home or Business

0
The Truth About German Made Solar Panels – Don’t Fall For The Scam!

The Truth About German Made Solar Panels – Don’t Fall For The Scam!

0
Electric Element vs Heat Pump Calculator – MC Electrical

Electric Element vs Heat Pump Calculator – MC Electrical

0
How Virtual Power Plants (VPPs) Are Transforming Energy Consumption

How Virtual Power Plants (VPPs) Are Transforming Energy Consumption

June 4, 2025
Final IRA direct pay rules allow co-owned solar projects to collect benefits

Crux tax credit marketplace releases first annual report on clean energy investment dynamics

June 4, 2025
Invenergy completes 250-MW Ohio solar project for Microsoft

Invenergy completes 250-MW Ohio solar project for Microsoft

June 4, 2025
Gas pipeline company commissions 130-MW Texas solar project

Gas pipeline company commissions 130-MW Texas solar project

June 4, 2025

Recent News

How Virtual Power Plants (VPPs) Are Transforming Energy Consumption

How Virtual Power Plants (VPPs) Are Transforming Energy Consumption

June 4, 2025
Final IRA direct pay rules allow co-owned solar projects to collect benefits

Crux tax credit marketplace releases first annual report on clean energy investment dynamics

June 4, 2025
Invenergy completes 250-MW Ohio solar project for Microsoft

Invenergy completes 250-MW Ohio solar project for Microsoft

June 4, 2025
Gas pipeline company commissions 130-MW Texas solar project

Gas pipeline company commissions 130-MW Texas solar project

June 4, 2025
News Solartex

©2024 SOLARTEX USA LLC

Navigate Site

  • Home
  • Categories
  • Privacy Policy
  • Term of Use
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • CATEGORIES
    • Solar Panels
    • Solar Installation
    • Residential Solar
    • Commercial Solar
    • Solar Contractors
    • Solar Batteries
    • Solar Inverters
    • Solar Lightening
    • Solar Pumps
    • Accessories
  • MORE
    • CONTACT US
    • SOLARTEX USA

©2024 SOLARTEX USA LLC

Cleantalk Pixel