SUBSIDIES HELP PUSH FORWARD CHINA’S SUSTAINABLE GREEN ENERGY SECTOR
July 1st, 2011
BY MARK GODFREY
SOFT loans from a cash-rich bevvy of state banks; direct payments to help build manufacturing bases; and tax breaks for firms using local components - these are all forms of state support currently helping China's wind turbine and solar panel makers capture global market share. But is this largesse sustainable and is it fair play in the international green energy market?
A recent example of the role of subsidies in China's renewable energy sector is Chinese wind turbine maker Sinovel Wind Group's announcement of a deal with Ireland's Mainstream ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.