According to the NEA circular, Beijing continues to support the growth and ‘quality’ development of wind and solar projects. Photo: Reuters According to the NEA circular, Beijing continues to support the growth and ‘quality’ development of wind and solar projects. Photo: Reuters
According to the NEA circular, Beijing continues to support the growth and ‘quality’ development of wind and solar projects. Photo: Reuters
Energy

As China moves to reduce subsidy load, uncertainties mount for country’s wind and solar energy sector

  • The subsidies in arrears Beijing owes wind and solar developers amounted to 300 billion yuan last year, and could rise to as much as 550 billion yuan between 2027 and 2030, before falling rapidly
  • NEA proposal on handout cuts surprises investors, who have dumped shares of wind and solar farm developers and equipment producers

Topic |   Energy
According to the NEA circular, Beijing continues to support the growth and ‘quality’ development of wind and solar projects. Photo: Reuters According to the NEA circular, Beijing continues to support the growth and ‘quality’ development of wind and solar projects. Photo: Reuters
According to the NEA circular, Beijing continues to support the growth and ‘quality’ development of wind and solar projects. Photo: Reuters
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