Saturday, April 9, 2016

China supports India’s solar incentives at WTO.


India’s stand on providing incentives and subsidies to domestic manufacturers of solar cells and panels, which has been challenged by the US at the World Trade Organisation (WTO), has received support from China.


Xie Zhenhua, Special Representative for Climate Change of China, who was in India for the 22{+n}{+d} BASIC (Brazil, South Africa, India and China) Ministerial Meeting, said his country supports India’s decision to provide subsidies or incentives to solar goods manufacturers since most countries were providing incentives in the renewable energy space.

News originally posted on: The Hindu Business Line

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