Shanghai, Feb 9, 2025 (AFP) - China to further shrink renewables subsidies in market reform push

NAMPA / AFP

2025-02-09

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 insta......

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