China tries to plug funding black hole in green energy scheme

China tries to plug funding black hole in green energy scheme

South China Morning Post - China·2021-03-31 07:02

Regulator says it wants banks to offer loans to renewable energy developers to help make up for a government shortfall in subsidies to the sector

The scheme was funded by an electricity surcharge that has not kept pace with growth in the industry, analyst says

China’s energy regulator hopes bank loans will help make up for a massive

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