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Home » Uncategorized » China approves 21GW of subsidy-free RE
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China approves 21GW of subsidy-free RE

Robin LancasterBy Robin LancasterMay 22, 20191 Min Read
Corporate clean power purchases 'soar'

Chinese authorities have approved renewable energy projects totalling almost 21GW under a new zero-subsidy policy.

The National Development and Reform Commission gave the green light to 224 wind and solar projects with a combined capacity of 19.29GW, as well as 1.47GW of distributed renewable energy power trading pilots.

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Fifty-six wind farms with capacity totalling 4.51GW and 168 solar plants totalling 14.78GW were given the go-ahead.

The projects are located in 16 of China’s provinces, NDRC said.

It also called on local grid companies to sign long-term power purchase agreements of up to 20 years with the project developers.

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