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China Renews Subsidy to Rooftop Solar Projects, China Daily Says

China has approved a plan to provide subsidies to rooftop solar installations, China Daily reported, citing the Ministry of Housing and Urban-Rural Development.

Subsidies will range from 7.5 yuan ($1.2) to 9 yuan per watt, totaling 1.82 billion yuan for a batch of 126 approved projects, the newspaper said.

The nation has since 2009 started programs to boost the use of solar energy from rooftop installations, China Daily said.

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