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Saturday, October 5, 2019

China 2019 subsidies for new solar energy projects down 50% from 2017

Earlier this year 
China announced 
subsidies for 22.79 GW,
half the amount approved 
in 2017, at 53 GW.

In January 2019, Beijing said 
it will only approve solar power 
projects cost-competitive 
with coal.

Another issue was China’s 
solar and wind farms produce 
electricity that is wasted 
because there is not enough 
transmission capacity.

Renewable energy should be 
a top priority for China, who's
cities have among the worst 
air pollution levels in the world,
-- maybe India is worse.

China imports a lot 
oil and gas.

To cut imports in the future,
has substantially increased 
subsidies for shale gas exploration 
and methane separation from coal.

China is the largest clean energy 
market in the world.

But wind and solar accounted for 
only 5.2% and 2.5% of China’s 
2018 power generation.