India is proposing to slash the subsidy for electric two-wheelers to 15% of the sale price from 40% at present to spread the incentive to a larger number of vehicles, officials said. The ministry of heavy industries (MHI) has sent a recommendation in this regard to a high-level inter-ministerial panel that will take a final […]
China solar firms urge govt to rethink capacity cap, subsidy cut
Executives from 11 Chinese solar firms said the surprise move to withdraw support, announced on June 1, had come far too soon. SHANGHAI/BEIJING: Chinese solar panel makers have urged Beijing to delay surprise subsidy cuts and relax a cap on new projects, according to a letter reviewed by Reuters, protesting that the policy will damage […]
