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.
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.
Analysts have welcomed the measures ushered in by Beijing to encourage the development of PV projects without central subsidies, but with the obstacles the policy aims to address having dogged Chinese solar for years, more detail is required.
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