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Chinese government mulls policies to support solar power industry

Fri, 10/19/2012 - 9:25pm
Reuters

SHANGHAI (Reuters) - China is working on policies, including subsidies and easier access to the grid, to help its ailing solar power producers expand in the domestic market, the China Daily reported on Saturday, citing industry officials and government sources.

The State Grid Corp, China's largest state-owned utility, is considering giving its subsidiaries at city level the authority to approve solar power plants with less than 10,000 kilowatts of installed capacity to be connected to the grid, said deputy director Meng Xiangan.

At a meeting earlier this week, the State Grid also agreed in principle to waive charges associated with connecting to the grid, which usually costs millions of yuan, Meng said, adding that a plan to develop the country's solar industry has been handed to the central government and is awaiting approval.

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