The Chinese government has issued a standardised power purchase agreement (PPA) for large-scale solar power plants.
The template is for any centralised solar installation looking to sell power to the state grid operator or any of its subsidiaries.
China has been expected to install the majority of its PV capacity in the second half of this year.
The country has a 14GW cap on support for solar this year with 8GW initially pencilled in for distributed projects and 6GW for utility-scale.
“Assuming [the] new policy will be announced in Q3, IHS predicts China’s PV installations to amount to 13.1GW in 2014, with more than 70% of this happening in the last six months of the year,” the research firm said.
In June, cuts to red tape for distributed solar energy projects were announced.