The May 31st announcement by the National Development and Reform Commission, Ministry of Finance, and National Energy Administration of China, states that there will be temporarily suspended arrangements for utility scale PV plants in 2018 target, anda cap on distributed generation (DG) at 10 GW in the entire year. The notice also reduces the PV FIT by CNY 0.05 starting May 31. The sudden notification has severely impacted China’s PV demand.
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