China sets renewable power quotas for 2019, 2020

FE Team | Published: May 15, 2019 23:40:39

Employees row a boat as they examine solar panel boards at a pond in Lianyungang, Jiangsu Province, China, in this March 16, 2016 file photo. REUTERS/Stringer/Files
BEIJING, May 15 (Reuters): China set mandatory renewable power quotas for each of its region for 2019 and 2020, the National Energy Administration (NEA) said on Wednesday, in an attempt to promote the use of clean energy in the country.
Local grid companies will have to purchase a certain volume of electricity from renewable energy generators, the NEA said.