Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP
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

Topic |   Climate change
Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP
Chinese wind farms will receive about US$422 million in subsidies next year. Photo: AP
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