Friday, October 31, 2014 5:14:28 PM
http://www.4-traders.com/RENEWABLE-ENERGY-142463/news/RENEWABLE-ENERGY--New-Wave-Energy-Devices-Developed-in-China-18557539/
lota funding
Public Funding Mechanisms
The Law of Renewable Energy of the People’s Republic of China (amendment) enforced in 2010 outlines a policy to accelerate and promote the development of renewable energy projects. In 2010, the Ministry of Finance and the State Oceanic Administration (SOA) released “Interim Measurements of Marine Renewable Energy Special Funds.” The special funds support marine renewable energy (MRE) research, including pilot demonstration projects used in isolated islands, pilot demonstration grid-connected projects, technologies industrialization, research and development, and standard and public services. The special fund program for MRE (SFPMRE) has entered the forth round and has supported more than 80 projects, with $120 million total funding. Other main public funding mechanisms in China include the science and technology support plan of the Ministry of Science and Technology (MOST) and the technology innovation plan of CAS. In addition, SOA promulgated the National Marine Functional Zoning (2011 to 2020) in 2012 to arrange sea-area utilization, including marine renewable energy devices. ''
http://sea-technology.com/features/2014/0514/7.php
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