In late July 2009, the Ministry of Science and Technology (MOST), the Ministry of Finance (MOF), and National Development and Reform Commission (NDRC) jointly announced to financially support the deployment of up to 500-600 MW of large-scale solar PV in both on-grid and off-grid areas by 2012. The programme aims at all provinces with a cap of 20 MW per province. Investments for ongrid solar power projects will be 50% subsidised by the government and off-grid systems will be 70% subsidised. Subsidies are conditional on the requirement of 20 years service life of the installation.
Government of China
The Government of China (Government)