The
tariffs
will
be
5.5
yuan
($0.87)
a
watt,
down
from
the
7
yuan
set
in
February,
according
to
a
statement
on
the
Ministry
of
Finance
website.
The
reduction
in
subsidy
surprised
the
market
and
could
deter
some
developers
from
completing
their
projects,
says
Ray
Lian,
analyst
at
research
firm
Solarbuzz.
The
Golden
Sun
programme
was
launched
in
2009
to
boost
China’s
use
of
solar
power.
Returns
from
the
initiative
–
similar
to
the
cash
grant
schemes
available
in
the
US
–
are
much
higher
than
those
gained
through
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