China is now formulating the detailed subsidy standards for the solar power roof program, according to Trading Market.
The government will give a subsidy of 20 yuan per watt for the building PV power generation systems with installed capacity of exceeding 50 kw, according to China's Ministry of Housing and Urban-Rural Development.
Solar power roof program is an energy-saving program of installing solar power facilities on roofs of buildings, and lays a solid foundation for popularization of photovoltaic (PV) roofs.
Currently, China-made polysilicon feedstock is lower about 20 percent than international price, and PV module is quoted below US$ 2.4 per watt, said analyst Julia with Britain-based New Energy Finance Ltd.
Amid the global financial crisis, the domestic solar power producers race to seize the market initiative by slashing the price.
