Support for subsidy-free solar industry
Print Edition
BUSINESS insiders believe China鈥檚 solar industry will become subsidy-free in a few years as the country tries to revitalize its photovoltaic sector after the government announced a plan to scale back its central subsidy system last year.
China鈥檚 solar industry is expected to transition toward a subsidy-free market as early as 2021, according to an analysis of China鈥檚 solar industry published by Asia Europe Clean Energy (Solar) Advisory.
The Chinese government has outlined a series of policies this year, looking to remove the hurdles that have been preventing the escalation of subsidy-free photovoltaic projects in the world鈥檚 biggest solar power market.
China鈥檚 National Energy Administration announced plans in April to drive the development of new subsidy-free solar projects through policy support.
It hopes new projects will be developed without the need for governmental subsidies, which it believed will steer the market in a new direction toward zero-subsidy renewables.
According to the NEA, subsidy-free pilot projects commissioned by 2020 can enjoy 20-year power purchase agreements with fixed prices and top dispatch priority, guaranteed by grid companies.
The generation of solar power posted faster year-on-year growth, at 12.9 percent, in the first quarter of 2019, against the backdrop that China鈥檚 power generation climbs 4.2 percent year-on-year, according to the National Bureau of Statistics.
Chinese photovoltaic companies have been motivated to seek more overseas opportunities in recent years, especially in countries and regions participating in the Belt and Road Initiative, said Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
