Update: China cuts solar subsidies by up to 22% for PV projects

  • The Chinese Ministry of Finance has announced that it has cut the FiTs for grid-connected PV installations.
    The Chinese Ministry of Finance has announced that it has cut the FiTs for grid-connected PV installations.

The Chinese Ministry of Finance has announced that it has changed certain subsidy regulations, claiming this will speed up domestic large-scale applications of PV power generation and promote sustained and steady development of the PV industry. This will apply to grid-connected PV installations. In 2012, owners of PV installations relying on crystalline silicon modules and silicon thin-film modules will receive a tariff of CNY 7 (€0.84) per watt.

Previously, under the Golden Sun programme, investors received CNY 9 (€1.09) per watt for crystalline silicon modules and CNY 8 (€0.97) per watt for silicon thin-film modules.

The ministry will announce the tariff for off-grid PV installations at a later date.

Update:

PV-Tech has contacted the Ministry for clarification and has been advised that the subsidy changes will speed up and regulate the application process itself now that installers are required to pay 30% up front towards the installation costs compared to nothing before the above restrictions were imposed.

Post a Comment

Post

Newsletter

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

Publications

  • Photovoltaics International 16th Edition

    Photovoltaics International 16th Edition

    This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.

  • Photovoltaics International Lite, Volume 05 - 2011

    Photovoltaics International Lite, Volume 05 - 2011

    This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.

  • Manufacturing The Solar Future: The 2012 Production Annual

    Manufacturing The Solar Future: The 2012 Production Annual

    Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

Partners

Acknowledgements

Solar Media