Value Microcaps Junior Energy

[stock_peeker]

First-round applications for China government BIPV subsidies total 500MWp- Digitimes

The China government has seen applicants asking for subsidies for BIPV (building-integrated photovoltaic) projects totaling 500MWp in the first round of applications under its solar subsidization program, according to industry sources in Taiwan. The government is offering subsidies of 20 yuan (US$2.9)/W for projects with a minimum installation size of 50KW. The first round of applications already closed on May 15, and the application deadline for the second round is August 2009, the sources said. It is uncertain how the China government will examine the applications or whether there will be a maximum subsidy for an application, the sources indicated... JASO, LDK, YGE, SOLF, STP, CSIQ

'peeker: Maybe, just maybe, WEMU will gain an advantage from this Chinese gov't support as well.