China to Phase Out All Wind Project Subsidies by 2021
Liao Shumin
/SOURCE : yicai
China to Phase Out All Wind Project Subsidies by 2021

(Yicai Global) May 24 -- China plans to completely cancel wind power project subsidies by 2021, China's macroeconomic regulator the National Development and Reform Commission, said in a policy document on its website today.

Electricity prices for newly approved onshore and offshore wind projects will be determined by market competition. 

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Keywords: Wind Power , Subsidy