Solar panels are seen at a floating solar plant in Huaibei, Anhui province, on April 24, 2018. File photo: China Daily via Reuters.
China’s Ministry of Water Resources has said “wind and solar energy projects must not be built on rivers, lakes and reservoirs,” while renewable projects built near water bodies should be strictly controlled, a report by China Dialogue said, citing directions in a “guiding opinion” on strengthening management of rivers, lakes and their banks that the ministry issued on May 25.
The ministry’s order, which has become a hot topic in the solar sector, “is designed to protect the hydrological integrity of water bodies in playing their flood management role,” the report said, adding that solar and wind projects can obstruct the steady flow of water, as well as damage river banks and dikes.
Read the full report: China Dialogue.
The Chinese tech firm has also launched seven EV models in partnership with domestic automakers…
China’s largest private developer has already defaulted on $11 billion of offshore bonds amid a…
Experts say that if a sale of TikTok does go through, it would be one…
Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines,…
The popular video-sharing app’s owner will be told to sell its stake in nine months…
Investors were in optimistic mood on Wednesday as technology shares led the charge amid easing…