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China to subsidize solar power projects
(Xinhua)
Updated: 2009-07-22 09:49 The Chinese government started a pilot program on Tuesday to provide subsidies to solar-power projects to boost the solar industry as a new growth point for the country's economy.
The solar power projects in the remote regions will receive subsidies of 70 percent of the investment. The total generating capacity of such pilot projects in each province should not exceed 20 megawatts, the ministry said. (For more biz stories, please visit Industries)
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