China has expanded its pension wealth management pilot nationwide, a major step toward building a private pension system that could unlock up to 30 trillion yuan (about US$4.2 trillion) in long-term savings.
[pdf] Demand charges, which are based on a customer’s maximum demand in kilowatts (kW), are a common element of electricity rate structures for commercial customers. Customer-sited solar photovolt.
[pdf] The February 2022 edition of this document includes requirements and guidelines for wind and solar photovoltaic (PV) electric power generation systems when installed on vessels and integrated into hybrid electric power systems.
[pdf] The government will subsidize up to 60% of the cost of installing a residential energy storage system,with a maximum subsidy of 50,000 kroner or $5,600. The announcement follows the country's plans to stop burning fossil fuels to make electricity by the year 2040.
[pdf] The new policy focuses on three pillars: Grid Stabilization: Deploying lithium-ion batteries at 15 key substations to reduce blackouts. Solar+Storage Mandate: Requiring new commercial buildings to install PV panels with 8-hour storage capacity.
[pdf] One of the cornerstone policies for solar investment in the U.S., the ITC, has undergone significant revisions in 2024. Initially set to step down, the government has not only extended the ITC but also increased the credit percentage to rejuvenate the solar industry post-pandemic economic strains.
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