Caixin
Dec 27, 2016 06:57 PM
CHINA_无效

State Planner Cuts Renewable-Energy Tariffs

Wind turbines are assembled in a production department of Xi'an Motor Factory in Xi'an, Shaanxi province, on July 13.   Photo: Visual China
Wind turbines are assembled in a production department of Xi'an Motor Factory in Xi'an, Shaanxi province, on July 13. Photo: Visual China

(Beijing) — China will cut the state-set fees that newly built solar- and wind-power generators can collect for their electricity starting next year in an effort to gradually wean them off government support.

The price that just-completed solar plants can collect will drop by up to 18.7% starting in 2017, the National Development and Reform Commission (NDRC), China’s top economic planner, said in a statement on Monday. Tariffs for new wind power producers will drop by up to 14.8% starting in 2018.

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