China Approves Subsidies For Rooftop Solar Projects

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

 
According to China Daily, the Ministry of Housing and Urban-Rural Development of the Chinese government has renewed subsidies for rooftop solar panel installations.

Image Credit: Xu Wanglin/ChinaFotoPress

Bloomberg.com writes: “Subsidies will range from 7.5 yuan ($1.2) to 9 yuan per watt, totaling 1.82 billion yuan for a batch of 126 approved projects.”

As opposed to China’s production-side subsidies for solar panel companies, which have been successfully contested as breaking world trade agreements, these government subsidies for solar installations are simply meant to encourage Chinese citizens and companies interested in solar systems to go ahead and buy them — by promising them the ability to pay a lower price for them.

Image Credit: International Rivers (some rights reserved)

China’s solar industry has been growing, and the country has been developing overall. The large and growing population needs more electricity than ever, and the use of abundant and inexhaustible sources of energy is a good way to meet growing electricity demand in the long run.


Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video


Advertisement
 
CleanTechnica uses affiliate links. See our policy here.

Nicholas Brown

Has a keen interest in physics-intensive topics such as electricity generation, refrigeration and air conditioning technology, energy storage, and geography. His website is: Kompulsa.com.

Nicholas Brown has 594 posts and counting. See all posts by Nicholas Brown