China sets 2022 renewable power subsidy at US$607 million

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BEIJING : China's finance ministry has set the 2022 renewable power subsidy at 3.87 billion yuan (US$607.26 million), state television said on Tuesday.The ministry will allocate 1.55 billion yuan to wind farms, 2.28 billion yuan to solar power stations and 38.24 million yuan to biomass power generators.

BEIJING : China's finance ministry has set the 2022 renewable power subsidy at 3.87 billion yuan , state television said on Tuesday. The ministry will allocate 1.55 billion yuan to wind farms, 2.28 billion yuan to solar power stations and 38.

24 million yuan to biomass power generators.

 

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