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.
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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.
In May, IHS predicted policy changes would be made to ensure the sluggish start to the year was improved upon.
“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.
