China makes a renewed commitment to clean energy
China is showing its dedication to the renewable energy sector through amendments to legislation and the creation of incentives for domestic usage, while importation of renewable energy equipment continues to face difficulties
Issue: February 2010
Keywords (click to search):
PRC Renewable Energy Law
renewable energy
cleantech
environment
solar
wind
Recent amendments to national legislation, and new incentives at both the national and local levels, demonstrate China’s deepening commitment to developing renewable energy technology, equipment production, grid connections and exports. The domestic renewable energy industry will benefit from further clarification of requirements and increased government planning, support and investment incentives. The recent changes do not fundamentally reduce the difficulties faced by prospective importers of renewable energy equipment into China, or the likelihood of foreign political resistance to China’s surging exports.
Renewable Energy Law amendmentsAmendments to the PRC Renewable Energy Law (Pending Amendments), which were adopted in December 2009, will take effect on April 1 2010 with retroactive application from January 1 2006. (The original PRC Renewable Energy Law, effective from January 1 2006, was surveyed in Renewable Energy Law Encourages a Hundred Flowers to Bloom, CLP April 2006.) The changes clarify existing requirements on grid connections, pricing and...
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