The
Ministry
of
Finance
has
ordered
provincial
governments
to
release
the
funds
to
local
grid
companies
within
three
working
days
to
pay
for
the
power
generated
by
solar,
wind
and
biomass
projects
during
2012.
The
payment
is
thought
to
be
only
a
small
part
of
what
is
owed
to
developers
for
all
renewable
energy
generated
during
2012,
but
it
goes
some
way
to
alleviating
pressure
from
outstanding
payments
worth
billions
of
yuan.
Renewable
energy
subsidies
have
not
been
distributed
to
some
projects
since
September
2010,
contributing
to
mounting
receivables
at
wind
farm
developers
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