The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

China Will Have Solar Feed-in Tariff in Place in 2009 - Suntech

The Chinese government is readying a feed-in tariff (FIT) for utility-scale solar plants that will dwarf the country's previous solar subsidies, and drive a wave of investment into the sector, according to Suntech.

The FIT will likely fall between 1.09 yuan and 1.5 yuan (US $0.16-0.22) per kWh of electricity produced at large-scale photovoltaic (PV) arrays, and will be in place by the end of the year, predicts Suntech chairman Zhengrong Shi.

Comparing the likely shape of the FIT to China's existing roof-top subsidy and 'Golden Sun' programme, which focuses on remote off-grid installations, Shi says: "This new type of solar policy will drive much faster growth in the Chinese solar market."

Along with a bevy of competitors, Suntech, the world's largest maker of crystalline solar modules, is scrambling to put the right pieces in place to take advantage of the FIT if and when it comes.

Chief executive Shi says that even China's existing solar subsidies — the rooftop scheme, the Golden Sun programme, and another announced earlier this year that will see a suite of large-scale arrays erected in Jiangsu province — are causing a buzz within the Chinese solar industry.

"While we're still awaiting clarification on some of the policy details, these programmes are generating a significant amount of interest in the domestic Chinese solar market, and have the potential to drive the market up by at least 100 MW to 200 MW per year," he says.

This article was reprinted with permission from Power Engineering as part of the PennWell Corporation Renewable Energy World Network and may not be reproduced without express written permission from the publisher.

Untitled Document

RELATED ARTICLES

Why the Future of the Yieldco Is at Risk

Haresh Patel In the past two years, the proliferation of YieldCos, and their ability to open new sources of capital for renewable energy projects, has captured the attention of the energy industry. While a YieldCo’s potential to catalyz...

Schneider Electric and Saft Partner on Corsican Solar-Energy Storage Project

Andrew Burger Lithium-ion batteries will be used to store PV energy produced by two new solar energy installations and dispatch it to the grid on the French Mediterranean island of Corsica. Supplied by Saft, each 1-MWh advanced battery s...

Listen Up: Vampires Sucking Power from your House

The Energy Show on Renewable Energy World Here’s a nightmare for you: at night, when you’re asleep and you think things are quiet, there are vampires sucking power out of your house and increasing your electric bill. The fact of the matter is that every plugged in ...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 4
1507REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Grid-connected and Off-grid Photovoltaics

This training covers all aspects of planning, installation, maintenance,...

2015 Green Energy Expo

Stop by and visit Canadian Solar at the Green Energy Expo in Mexico City!

2015 Intersolar-South America

Canadian Solar will be exhibiting @ Intersolar-South America. Stop by an...

COMPANY BLOGS

Compression: That’s What It's All About

With Intersolar already 2 weeks behind us (how did that happen...

Fort Collins Residents Help City Reach Climate Targets While Saving...

Fort Collins resident Norman Illsley, 90, is making a statement. He purc...

6 Tips For Finding Great Leads

Embrace and cultivate all of the empowering qualities of a sa...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS