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Article: Renewable Energy Project Subsidies: What Has China To Offer?
- Article from:
- Mondaq Business Briefing
- Article date:
- June 22, 2009
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As more and more western renewable energy companies look at China to grow their sales or as a manufacturing base, it seems wise to recap on what the Chinese government has to offer in terms of financial incentives.
To speed up renewable energy development, the Chinese Ministry of Finance has promulgated several regulations on renewable energy related subsidies. This article aims to describe which type of projects can be subsidised and in which form. The final parts look in more detail at subsidies granted to wind turbine manufacturers and manufacturers producing energy from plants stalks and straw.
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