Global wafer foundry industry analysis and forecast, 2022

China lacks funds to subsidize renewable energy

Nuying Huang, Taipei; Adam Hwang, DIGITIMES Asia Tuesday 20 September 2016 0

The China government is short of the funds required to subsidize generation of renewable energy, mainly PV and wind power, with the gap reaching a cumulative amount of CNY55 billion (US$8.27 billion) at the end of June 2016 and is estimated to increase...

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