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

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.

RELATED ARTICLES

Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...
UK Parliament Clean Energy Leaders

UK Government Names Clean Energy Cabinet Members

David Appleyard, Contributing Editor With the UK general election now over and a majority Conservative Party government in place, the re-elected Prime Minister David Cameron has now named key members of the government charged with steering the UK’s clean energ...
Microgrids

Coast to Coast and Across the Electric System, Microgrids Provide Benefits to All

Dick Munson, Environmental Defense Fund At the most obvious level, microgrids could disrupt today’s utilities and their regulated-monopoly business model, because they challenge the centralized paradigm. In a nutshell, microgrids are localized power grids that ha...

CURRENT MAGAZINE ISSUE

03/01/2015
Volume 18, Issue 3
file

STAY CONNECTED

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

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

Sponsor/Exhibitor: MIREC Week 2015

Solectria, Pillar, and Variadores together are co-Silver Sponsors! Come ...

More Power, More Profit Tour - San Diego

Register for the SMA More Power, More Profit Tour for free, in-person sa...

COMPANY BLOGS

EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

How GreenLancer Streamlines the Solar Design Process

Post originally appeared on the GreenLancer Blog by Ardelia Lee Cr...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS