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Subsidies
China to Slash Renewables Subsidies by 30%
Government incentives will fall from $1.15b in 2019 to $807m in 2020.
China to Slash Renewables Subsidies by 30%
The government of China has decided to reduce renewable power subsidies by 30%, from $1.15b in 2019 to $807m in 2020.
Wales Will Lose Marine Energy Investors After Subsidy Change
Marine energy projects in Wales have lost out on investment since the UK government cut financial support, according to a UK industry body. Ring-fenced UK gover…
Biomass Power Plant
EU Biomass Subsidies Contribute to Forest Destruction
A new report has found EU subsidies for biomass energy channel nearly €7bn per year into unsustainable and destructive energy sources.
Market Analysis
China's Wind Installed Capacity Will Double to 421GW by 2028
China’s installed capacity for its wind power sector is expected to rise to 206.74GW by 2019, and to double to 421.11GW by 2028, despite the phaseout of subsid…
Fuel Cell Maker Not Worried About China's Decision to Slash Hydrogen Vehicle Incentives
If fuel cell suppliers and other industry players are worried about China’s announcement that the government is ending subsidies for hydrogen vehicles next yea…
Report Says:China To Eliminate Hydrogen Fuel-cell Car Subsidies at The End of 2020
SAIC Motor chairman and National People's Congress deputy Chen Hong reportedly proposed extending support for fuel-cell vehicles. But the Ministry of Finance co…
China’s Renewable Boom Hits The Wall
When earlier this year China announced subsidies for 22.79 GW of new solar power capacity, those following the country’s renewable energy story must have start…
Solar Power Panel
Energy Industry Small Energy Companies Risk Going Bust in Financial Shock
Thousands of homes could lose their energy supplier in the coming months as a result of a financial shock looming over the industry’s smaller companies.
LNG
Canada Government Subsidies for Project Aim to Reduce Reliance on US Market
A 40 billion Canadian dollar ($30 billion) project in British Columbia led by Royal Dutch Shell is on track to start exporting liquefied natural gas to Asia as…
Fossil Fuel Subsidies Continue to Far Outstrip Renewable Subsidies, Suffocating the Energy Transition
Switching fossil fuel subsidies to support renewables could unleash a clean energy revolution and propel the decarbonisation of the global economy, according to…
China Pursues More Renewable Energy At Home & Abroad
The Chinese government takes a rather blunderbus approach to renewable energy policy. For years, it offered generous subsidies for renewables and saw installed …
Solar Power Panel
China to Upgrade New Subsidy Bidding Mechanism for Solar Energy
China plans to improve a subsidy bidding mechanism, newly launched this year, to lower subsidies in the solar photovoltaic (PV) sector, according to the Nationa…
Worldwide Investments in Clean Energy Projects have Hit a Six-Year Low
Investments slowed in all three major markets -- the U.S., Europe and China -- but China’s decline was especially pronounced as the country continued its shift…
Coal Power
The U.S. coal industry is Dying
The US coal industry is dying, and the Trump administration's schemes to keep it alive through taxpayer subsidies have likewise hit a dead end. But that's not s…
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