From Forbes:
China has said it will not approve wind and solar power projects unless they can compete with coal power prices.
Beijing pulled the plug
on support for large solar projects, which had been receiving a per kWh
payment, in late May. That news came immediately after the country’s largest solar industry event and caught everyone by surprise.
Officials are understood to have been frustrated at seeing Chinese
suppliers and engineering firms building solar projects overseas that
delivered electricity at prices far below what was available back home.
The country also has its own issues with grid logjams. These have caused
power from wind and solar projects to be wasted due to a lack of
capacity on the network to transmit and distribute it. In 2017 12% of wind generation and 6% of solar was curtailed.
So, finally, a big country wants to see renewable energy go
mano a mano against coal.
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