Chinese government issues PPA template for large-scale solar

July 30, 2014
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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.

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