China sees the light with solar subsidy for large systems

March 26, 2009
Facebook
Twitter
LinkedIn
Reddit
Email

The Chinese Treasury department has reviewed its solar program with the introduction of a new solar PV subsidy program. The move, which is a temporary measure, according to Barclays Capital Solar Energy, will offer 20RMB per Watt (~$2.90/W) incentives for systems of output greater than 50kW. The uncapped plan could prove to be a huge boon for Chinese solar companies such as Suntech, Yingli, Trina Solar and JA Solar.

China’s potential for growth in the market has risen with this news, given its significantly larger domestic manufacturing footprint and the obvious support from the government.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The Barclays report cites some projected figures for China’s market demand for the next four years:

“Our estimates currently assume 58MW/104MW/166MW/232MW demand from China in 2009/10/11/12 respectively. We believe meaningful upside potential exists if government support for domestic solar sector continues. We believe potential for ~200MW incremental demand impact exists from 2H09.”
 
The Barclays report also referred to a domestic incentive program, which will see the Treasury spur on the use of solar panels on roofs – most likely for both typical solar modules and BIPV. Further details on this aspect of the news are currently unavailable.

Read Next

October 16, 2025
Masdar and Turkey have entered the final stage of US$1 billion agreement to develop the 1.1GW plant in Bor, Niğde Province, central Turkey.
October 16, 2025
T1 Energy and Nextracker have agreed to use the latter’s steel module frames at the former’s new 5GW module manufacturing facility in Dallas.
October 16, 2025
US utility-scale solar additions grew by 56% in 2024, reaching 30GW from 2023’s 19GW and representing over 54% of all new electricity generation capacity added in the country last year.
October 16, 2025
Expanding the electrification of Europe’s energy sector, would be the 'main tool' to improve the EU’s energy security, according to Ember.
October 16, 2025
Jakson Green and Blueleaf Energy have reached financial close for the 840MWp Bikaner solar projects in Rajasthan, western India. 
October 16, 2025
Off-grid solar company Sun King has revealed plans to set up manufacturing operations in Kenya and Nigeria.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK