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SPI

SPI Energy

$2.26

-0.0432 (-1.88%)

06:17
12/01/16
12/01
06:17
12/01/16
06:17

SPI Energy receives first payment of RMB 20M subsidy for Qinghai solar plant

SPI Energy announced that the company's solar power plant located in Gonghe County, Qinghai Province with annual installed capacity of 10 Megawatts has received approximately RMB 20M subsidy towards partial payment of the accrued renewable energy tariff period till April 2015. The Gonghe Plant was connected to grid in December 2013 and successfully registered into the sixth batch of the Renewable Energy Tariff Subsidy Catalogue which was issued by the Ministry of Finance, National Development and Reform Commission and National Energy Administration and released on 23 September 2016.

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