China cuts red tape for distributed PV as it chases 8GW target

  • Goldpoly Greenhouse
    A greenhouse rooftop installation in China. The country is keen to boost its distributed solar generation. Source: Goldpoly.

The Chinese government has announced changes to tax rules for distributed PV as it looks to make up ground on its 8GW target for 2014.

China has several invoicing protocols, some simple, as used between retailers and customers, and a more complex system for corporate transactions.

Under the new rules, invoices for electricity sold to the national grid by owners of small PV systems, can use the simpler invoicing system.

In addition, VAT claims will be handled by the State Grid Company on behalf of the country’s tax authorities, reducing the number of agencies PV owners need to liaise with.

A sluggish start to the year led some commentators to predict that 1GW was a more realistic distributed generation figure for China in 2014.

Market research firm IHS predicted last month that the Chinese government would intervene in order to hand the sector a boost.

Additional reporting by Huangye Jiang.

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 25th Edition

    In this issue we offer some insights into what the next wave of photovoltaic technologies may look like as that upturn gathers pace. Industry observers have been in broad agreement that the major next-gen PV technology innovations won’t happen straight away. But there’s also little doubt that the search is now on in earnest for the breakthroughs that will come to define the state of the art in the industry in the years to come.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media