The Notice on New Energy Demonstration City and Industrial Park

China plans to construct demonstration city relaying extensively on renewable energy sources for heating and electricity needs. Project will be backed with financial support from governmental budget. In order to facilitate and manage the project New Energy Demonstration City Fund will be created.In order to benefit from the support from the Fund, renewable energy consumption of projects must be higher than 3% of total energy demand.There are detailed specifications and requirements for the utilization of wind, solar, biomass and geothermal that were established by the National Energy Administration in May 2012.

Want to know more about this policy ? Learn more