China greenlights first round of subsidy-free wind and solar projects

They have a combined capacity of 20.76GW.

China has approved its first batch of subsidy-free wind and solar projects, with a total combined capacity of 20.76GW, a report by Reuters revealed.

This follows China’s vow in January to launch a series of unsubsidised renewable power projects this year to tackle a payment backlog amidst a decline in construction costs in the sector.

Also read: China installed 5.2GW of solar power capacity in Q1

A total of 56 wind power projects,168 solar power projects and 26 pilot distributed renewable projects in 16 cities and regions in China were approved by the National Development and Reform Commission (NDRC).

By April, China had installed wind power capacity of 280GW and solar capacity 130GW, official data showed.

Read the full report here.