星期一, 28 7 月, 2025
Home PV News China sets unified first solar feed-in tariffs

China sets unified first solar feed-in tariffs

China has set its first unified benchmark grid feed-in power tariffs for solar projects, China Daily reports.


The rates start at 1 yuan (£0.10) per kilowatt hour (kWh) for projects approved after 1 July. The price solar power developers sell to grid operators for projects approved before July 1 and completed by the end of this year will be 1.15 yuan(£0.11)/kWh, China's National Development and Reform Commission (NDRC) has said.


According to China Daily, the rates are higher than many of those proposed and accepted by State-owned solar power developers in China's second official tender last year.


For projects approved before 1 July that will not be completed by end of the year, the on-grid price will be 1 yuan/kWh, the Commission said. But projects in Tibet will continue to receive 1.15 yuan/kWh, regardless of when they were approved or built.


The Commission said it would adjust the tariff levels in a timely manner later in accordance with changes in investment costs and technology improvement, China Daily reports. For projects approved through open tender, the on-grid power prices will be those proposed and accepted by bid winners, although these should not exceed benchmark rates.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Plans lodged for solar farm to power 18,000 homes

Plans have been lodged for a solar farm and battery energy storage system in Derbyshire. Noventum Power has submitted an application to South Derbyshire District...

Turkish firm to invest $520M in solar equipment production

Turkish solar technology company CW Enerji will invest $520 million (TL 21.09 billion) under the government's HIT-30 incentive program to expand its high-efficiency solar...

Tesla is set to build its biggest energy storage facility in China

Tesla, China Kangfu International Leasing, and the Shanghai Municipal Government signed a cooperation agreement to build an energy storage power station, which will become...

Sungrow launches next-gen hybrid residential energy storage system

China renewable energy solutions company Sungrow Power has revealed its newest hybrid next generation residential energy storage system (ESS), with its the latest in...