Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP
China to cut subsidies for renewable power by 30 per cent to US$807 million in 2020
- Funds will go to wind farms, biomass power generators, distributed solar power operators and solar power projects for poverty alleviation purposes
- China has been scaling back subsidies to renewable power providers because of a decline in manufacturing costs
Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP
