Trivium Neopol - Net Zero | Logo 31 Mar 2022

Renewables subsidy saga moves toward resolution

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Looks like Beijing is finally going to pony up renewable energy subsidies this year.

And not before time!

Some context: The central government’s renewables subsidy program began in 2006.

However, the subsidy fund has run up a massive deficit – owing over RMB 400 billion by the end of 2021 ...

Snuh-ohez.

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