Moody's: China's green certificates will lower tariffs for wind and solar power producers, but support development of renewable energy sector in the long term
Hong Kong, February 13, 2017-- Moody's Investors Service says that the introduction of green certificates in China's renewable energy sector will likely lower the tariffs on wind and solar power in the near term, but support the further development of the sector in the longer term by easing curtailment. The new measures will have no immediate impact on the ratings and outlook of the two wind and solar power producers rated by Moody's, China Longyuan Power Group Corporation Ltd....
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