Considering basically all energy producers reduce receive heavy subsidies, this is breaking in quite a new era...
China’s solar industry is expected to transition towards a subsidy-free market which could begin as early as 2021, according to a new analysis of China’s solar industry published by Asia Europe Clean Energy (Solar) Advisory.
The Asia Europe Clean Energy (Solar) Advisory (AECEA) published its new analysis last week, analyzing a new consultation paper published by China’s National Energy Administration (NEA) entitled Work Plan for the Construction of Unsubsidized (Grid-Parity) Projects for Wind & Solar PV. It follows in the footsteps of China’s efforts to revitalize its solar industry after it took a significant hit in May of 2018 when the NEA essentially capped installations.
“This signals a permanent policy shift towards zero-subsidy renewables,” explained Jonathan Luan, an analyst with Bloomberg New Energy Finance.
Solar projects which require state subsidies have also all been put on hold and all provinces and regions have been prohibited from conducting any competitive bidding rounds for solar projects which require state subsidies until the NEA has confirmed the first round of subsidy-free projects.
See cleantechnica.com/2019/04/15/c…
#solar #china
source https://squeet.me/display/962c3e10-585c-b774-a815-985870718808
China’s solar industry is expected to transition towards a subsidy-free market which could begin as early as 2021, according to a new analysis of China’s solar industry published by Asia Europe Clean Energy (Solar) Advisory.
The Asia Europe Clean Energy (Solar) Advisory (AECEA) published its new analysis last week, analyzing a new consultation paper published by China’s National Energy Administration (NEA) entitled Work Plan for the Construction of Unsubsidized (Grid-Parity) Projects for Wind & Solar PV. It follows in the footsteps of China’s efforts to revitalize its solar industry after it took a significant hit in May of 2018 when the NEA essentially capped installations.
“This signals a permanent policy shift towards zero-subsidy renewables,” explained Jonathan Luan, an analyst with Bloomberg New Energy Finance.
Solar projects which require state subsidies have also all been put on hold and all provinces and regions have been prohibited from conducting any competitive bidding rounds for solar projects which require state subsidies until the NEA has confirmed the first round of subsidy-free projects.
See cleantechnica.com/2019/04/15/c…
#solar #china
source https://squeet.me/display/962c3e10-585c-b774-a815-985870718808
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