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China launches subsidy-free solar, wind power after project costs fall

BEIJING/SHANGHAI: China will launch a series of subsidy-free wind and solar projects this year to take advantage of a rapid fall in construction costs since 2012 and tackle a gaping payment backlog, the country’s top planning agency said on Thursday. Last year, the government was forced to suspend all new subsidised solar capacity approvals after […]

China’s Zhejiang sees clean energy development boom