According to official figures released by China’s National Energy Administration, new solar capacity installations in the third quarter of 2019 slumped to only 4.6GW under new support mechanisms that were implemented mid-year.
The past few weeks has seen some of the most dramatic knee-jerk, naïve and misinformed PV market reporting seen in recent times, with the headlines often resembling nothing more than tabloid sensationalism.
No sooner than all of the huge exhibition stands at SNEC 2018 were dismantled last Thursday, China’s regulatory organisations overseeing the solar industry, instigated new policies Friday that could have a similar effect on the utility-scale and distributed generation (DG) markets in the country.
China’s National Energy Administration (NEA) has called on local governments to ease burdens on the renewable energy sector with a range of measures including the “strict implementation”of a guarantee for signing power purchase agreements (PPAs).
China’s National Energy Administration (NEA) has released new guidance on solar installation targets as part of the current 13th Five-Year-Plan (2016-2020), after recent record first-half year install figures put doubt on whether the solar boom would continue as the original targets would be met two years ahead of expectations.
According to independent industry advisory firm AECEA PV installations in the second quarter of 2017 in China could reach between 16-17GW, pushing first half year figures to a new record high of over 24GW, compared to around 21GW in the prior year period.
France-based floating PV specialist Ciel & Terre (C&T) International has commenced construction of a 70MW floating solar plant for Chinese state-owned developer CECEP on a clay quarry lake in Anhui Province, China.