02 Aug '11, 5pm

China improved Feed-in tariff for solar power, to boost capacity 10-fold in 5 years:

The Globe and Mail reports that China's government has announced a new feed-in tariff for solar that will guarantee solar developers a payment of 1 yuan (US$0.15) per kilowatt-hour that their projects feed into the grid. Unsurprisingly, solar companies in China have welcomed the news with open arms: "We strongly believe that China will quickly evolve into one of the largest and most important solar markets in the world," said Liao Mingsheng, chief executive of Yingli, one of China's largest vertically integrated solar panel manufacturers. The Globe and Mail suggestion, however, that the move is in contrast to cutbacks in solar subsidies elsewhere may be a little disingenuous. While true that some countries have indeed slashed their feed-in tariffs (the UK just reviewed its support of large-scale solar ), others, like Germany, have renewed their commitment to long-term supp...

Full article: http://www.treehugger.com/files/2011/08/chinas-feed-in-ta...

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Image credit: martijn , used under Creative Commons license. China has made noises about feed-in tariffs for large scale s...

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