29.07.2015 - China state power firm partners with local govt to develop CO2 credits
The State Power Investment Corporation, one of China's big five state power producers, signed a deal with the municipal government of Jiuquan on Tuesday to develop carbon credits from the city's wind and solar power plants. The partnership, the first of its kind, will give the state-owned company the opportunity either to buy carbon credits generated by local renewable energy projects or sell them to other market participants. The city of Jiuquan, home of some of China's largest wind and solar power plants, will offer the credits generated by 23 solar power projects in a single package...............................................Full Article: Source
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