News Snapshot:
Bangkok Post/The Wall Street Journal: Renewable energy operators are planning for further growth in Asia despite a falloff in subsidies, betting energy demand will keep rising. In China, government support has driven a rapid build-up and turned the country into the world’s largest producer of renewable energy. That stimulus is drying up, putting the industry at risk. Solar-energy subsidies were halved this year, while offshore wind subsidies will end in 2020, to be followed by onshore next year. Nonetheless, French utility Electricité de France SA said it expected growth in the post-subsidy era, predicting that offshore wind capacity in China...
