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The Chinese government is announcing generous subsidies for new solar installations, as it looks...

Jan. 05, 2012 1:01 PM ETSuntech Power Holdings Co., Ltd. (STP) StockSTP, TSL-OLD, JASO, YGEBy: Eric Jhonsa, SA News Editor
The Chinese government is announcing generous subsidies for new solar installations, as it looks for ways to support local manufacturers dealing with both a brutal demand/pricing backdrop, and an anti-dumping probe from the U.S. ITC. The subsidies could help the government achieve an aggressive 2015 renewable energy installation target of 15GW.

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