China Longyuan Power Group Corporation Limited (916N.MX)

China Eases Rules That Could Slow World-Beating Solar Boom

(Bloomberg) -- China has allayed fears that growing grid congestion could tap the brakes on its record pace of renewable installations, by relaxing limits on how much renewable power can be utilized in energy-rich areas.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmeric