Grid service payments the key to unlocking China’s energy storage potential
The world’s biggest solar market could be about to replicate that feat in energy storage, provided it manages to reform the payment system for rewarding the grid services offered by batteries.
China confirms $435m solar subsidy budget for this year
The race is on to process applications for central payments across the world’s biggest solar market, particularly as qualifying projects must reportedly be grid connected this year. The final electricity price will be a major competitive factor considered by the Beijing authorities.
China reveals details of first 15 GW of grid parity solar
Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.
China confirms FIT level payments – but they will be ‘subject to competition’
The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.
New figures reveal effect of policy vacuum on China’s large scale solar
Just 5.2 GW of new PV generation capacity was installed in the world’s biggest solar marketplace in the first three months of this year. And virtually all of that was made up of small systems as developers wait to see what emerges from solar policy discussions in Beijing.
More details emerge of China’s $447m solar subsidy for 2019
The NEA has offered a broad hint that RMB3 billion will be made available in incentives this year – including RMB750 million for residential PV. Roth Capital Partners says achieving 40 GW of new capacity will hinge on timely action by the National Energy Administration.
China offers insight into transition to subsidy-free solar
The emphasis on grid-parity PV has been highlighted in a consultation document that has emerged after several weeks of haggling in Beijing. Chinese analyst AECEA says the success of any subsidy-free effort would hinge on the ability of power companies to transmit and guarantee consumption of power generated by new projects.
China stirs the PV world – by preparing to shift to auction mechanism
Projects not encompassed by the new, central-subsidy-free, ‘grid-parity’ regime will be eligible to bid for a government subsidy. But, at a reported $446 million, the pot is not very big.
China ready to set 3 GW quota for residential solar in 2019
Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
China installed 44.1 GW of solar in 2018, according to official NEA data
The world’s biggest solar market reached a cumulative installed PV capacity of 174.63 GW at the end of last year.
