28 Jun '14, 5pm

#China Introduces #Offshore #Wind Feed-In Tariffs

Things are moving now. By the end of 2013, 3 of the four concession projects had all necessary permits and were set to start construction. In the beginning of May, the Shanghai Municipal Government announced additional RE subsidies on top of the FIT given by the central government: onshore wind is given an additional subsidy of RMB 0.1/kWh, while offshore wind a boost of RMB 0.2/kWh. Following this new measure, the Shanghai Oceanic Administration also permitted a new offshore project, the “Shanghai Lingam Offshore Project, Phase I-100 MW”. The total project will be 200 MW. This is a near shore project and will be another big project for Shanghai after the first two Phases of the Shanghai Donghai Bridge project, totalling 200 MW.

Full article: http://www.gwec.net/china-introduces-offshore-wind-feed-i...

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