China to cut on-grid tariffs for solar, wind power: State planning commission

Reuters - China will cut payments to wind and solar electricity generators for contributing power to the grid, the country's state planning commission said over the weekend, reflecting recent declines in operating costs.

Starting in 2016, on-grid tariffs for solar producers will be 0.02 to 0.10 yuan lower per kilowatt-hour — with the higher cuts applying in the country's less populated, arid western region — while tariffs for wind power generators will fall 0.02 to 0.03 yuan, the National Development and Reform Commission said in a statement.

The cuts, which were expected, are in line with a 0.03 yuan cut on Wednesday to on-grid tariffs for thermal power. Coal still fires more than 70% of China's power generation.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Sun Xtender® Deep Cycle AGM Batteries

Sun Xtender® Deep Cycle AGM Batteries

Sun Xtender® Deep Cycle AGM Batteries for renewable energy storage are manufactured in the USA by Concorde Battery Corporation and are built to the same demanding standards crucial to supporting the aircraft industry. To facilitate maximum conductivity & charge acceptance Sun Xtender® batteries are constructed with copper alloy corrosion free terminals & robust intercell connections. Endurance and optimal float life are achieved through plates thicker than the industry standard. Sun Xtender® Batteries' AGM maintenance free design is an ideal solution for off grid and grid tied systems.