Caixin OnlineBusiness & IndustryTop Stories Industry Subsidies Offer Ray of Hope for Solar Industry
11.15.2012 16:28

Subsidies Offer Ray of Hope for Solar Industry

Rooftop power stations are in line for government support that could ultimately help the entire solar sector
By staff reporter Pu Jun
 
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(Beijing) – China's struggling solar energy equipment makers may see light at the end of the tunnel now that the government has agreed to subsidize small solar power stations and a major power distributor is offering access to the grid.

Moreover, several sources told Caixin, the government led by the National Energy Administration (NEA), an arm of the powerful National Development and Reform Commission (NDRC), plans to roll out additional solar industry stimulus policies at an accelerated rate.

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