AECEA also noted that the potential severity in the FiT cuts came as a surprise in the distributed generation sector as this was recently considered to be favoured by the NEA in light of the utility-scale ground-mounted PV sector suffering from grid curtailment issues in several regions. Image: DuPont
China’s National Energy Administration (NEA) has published a draft version of proposed feed-in tariff (FiT) levels for ground mount and distributed generation PV power plants for 2017 that could lead to significant cuts to both sectors and overall curtailment of installations.
In a client note, Asia Europe Clean Energy (Solar) Advisory Co. Ltd. (AECEA) noted that the FiT levels remained ‘unofficial’ and were only in 'draft' form as they were disseminated via various Chinese media outlets.
Ground-mounted solar PV Power plants:
Region 1: RMB 0.80 to 0.55 = minus 31%
Region 2: RMB 0.88 to 0.65 = minus 25%
Region 3: RMB 0.98 to 0.75 = minus 23%
Distributed Solar PV:
Region 1: RMB 0.42 to 0.20 = minus 52%
Region 2: RMB 0.42 to 0.25 = minus 40%
Region 3: RMB 0.42 to 0.30 = minus 28%
However, without a major change the FiT cuts would potentially lower ROI (return on investment) levels significantly for PV project developers and therefore impact installations and demand throughout the supply chain.
AECEA also noted that the potential severity in the FiT cuts came as a surprise in the distributed generation sector as this was recently considered to be favoured by the NEA in light of the utility-scale ground-mounted PV sector suffering from grid curtailment issues in several regions.
The present study analyses the levelized cost of electricity (LCOE) of PV utility-scale power plants in the first quarter of 2018. It compares different Jinko modules technologies and shows their future developments till 2020 based on technology and market scenarios. Speaker information: Roberto Murgioni holds a BSc in Electrical Engineering and a Masters of Renewable Energies Engineering. Roberto is responsible for the pre-sales and after-sales activities around Europe. Before Joining Jinko he held a variety of similar positions with Trina and ET solar. Prior to that he covered several roles in the engineering dept. starting in Milan and then Munich as a Project Electrical Engineer for various EPC companies, managing large PV power plant projects in EU and LATAM. If you have any questions you would like to direct to Jinko prior to the webinar, please send them through to Oliver Amos at Solar Media: firstname.lastname@example.org