China’s hard change towards grid parity
Each shift in Chinese PV policy is watched by the solar world. And the reforms unveiled in late April and early May have left many scrambling to catch up. While they may reign in unbridled growth, the changes are leaning towards a future of further cost reductions, particularly soft costs, and the golden goal of grid parity PV.
There’s no mistaking it was a difficult birth. On the last working day in April, China’s central government finally released the policy that would guide the Chinese PV industry for the next two years. Characteristically, it was released in the form of a short notification, from China’s peak price setting body, the National Development Reform …
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