Related News
Ministry readies 8.6b yuan to support renewable energy
By Richard Fu |
December 19, 2012, Wednesday
|
Online Edition
Online Edition
THE Ministry of Finance said it will pay 8.6 billion yuan (US$1.38 billion) in subsidies for power generated from renewable sources this year.
The money will be paid through provincial financial bureaus to grid companies which are required to purchase clean electricity at above-market tariffs, the ministry said in a statement posted on its website today.
Of the funds for this year, 5.85 billion yuan will go to wind power, 723 million yuan to solar power, and 2.02 billion yuan to power generated from biomass, it said.
China is encouraging the development of renewable energy to help meet the government's five-year target of reducing carbon emissions per unit of gross domestic product by 17 percent by 2015.
The money will be paid through provincial financial bureaus to grid companies which are required to purchase clean electricity at above-market tariffs, the ministry said in a statement posted on its website today.
Of the funds for this year, 5.85 billion yuan will go to wind power, 723 million yuan to solar power, and 2.02 billion yuan to power generated from biomass, it said.
China is encouraging the development of renewable energy to help meet the government's five-year target of reducing carbon emissions per unit of gross domestic product by 17 percent by 2015.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
