China’s NDRC Funds Projects for Renewable Energy

[] Among funding approved by China’s National Development and Reform Commission (NDRC) for agricultural industrialization and new materials for high-tech industrialization is funding for 18 of the 70 recyclable and new energy high-tech industrialization demonstration projects, which include wind power, solar energy power generation, solar energy heat supply, geothermal heating, and hydrogen energy industrialization applied by localities in 2005. The investments in the projects differ and varying subsidies will be allocated.

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