China Offers Big Solar Subsidy

madhu's picture
Submitted by madhu on Wed, 2009-07-22 15:03

China has launched an unprecedented plan to offer hefty subsidies to independent solar power projects, a move that sparked a rally in the sector on Tuesday.

Shares of Suntech Power Holdings Co Ltd soared 9 percent, Yingli Green Energy Holding Co Ltd climbed 10 percent, Trina Solar Ltd rose nearly 9 percent and JA Solar Holdings Co Ltd was trading nearly 8 percent higher.

thesaurus: 
Green House Gases
Renewable Energy
Solar Energy
Energy
Fossil Fuels
Subsidies
China
Climate
Main Topic: 
Energy
Name of the Newspaper: 
Planet Ark (Australia)
Mark Content Private(Internal): 
Clipping Type: 
External URL: 
http://www.planetark.com/enviro-news/item/53872
Main Type: 
Publication Date: 
22/07/2009