Bloomberg News

China Renews Subsidy to Rooftop Solar Projects, China Daily Says

January 04, 2013

China has approved a plan to provide subsidies to rooftop solar installations, China Daily reported, citing the Ministry of Housing and Urban-Rural Development.

Subsidies will range from 7.5 yuan ($1.2) to 9 yuan per watt, totaling 1.82 billion yuan for a batch of 126 approved projects, the newspaper said.

The nation has since 2009 started programs to boost the use of solar energy from rooftop installations, China Daily said.

To contact the reporter on this story: Belinda Cao in New York at lcao4@bloomberg.net

To contact the editor responsible for this story: Emma O’Brien at eobrien6@bloomberg.net


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