ministry of finance

China’s Ministry of Finance has handed completed solar projects in the country a major boon by approving all completed renewables generators to its subsidy catalogue.

China’s Ministry of Finance has revealed subsidies for renewable energy in the country will increase by nearly 5% next year.

India’s Ministry of Finance has temporarily deferred its imposition of a 25% safeguard duty on solar cell and module imports in compliance with a stay issued by the High Court of Orissa.

India has enough tempered solar glass capacity to cater for its own PV manufacturers despite the introduction of anti-dumping duties against certain glass imports from China, according to the Indian firm that originally petitioned for the trade measures.

Plans for a major financial package to support India’s domestic PV manufacturers have been cancelled by the Indian government in order to be reshaped for the current state of the industry, according to a source close to the issue.