China aims to boost revenue for renewable power firms

BEIJING (Reuters) – China plans to make power purchasers take fair returns into account when buying electricity from renewable power generators, according to a draft rule issued by the National Energy Administration on Monday aimed at improving their revenues.

The draft rule will apply to non-hydropower resources, including wind, solar, biomass, geothermal and ocean power, the energy body said in a statement. Continue reading “China aims to boost revenue for renewable power firms”