Beijing solar panel roof subsidies

How will China''s solar subsidies affect the solar industry?

The reduction in subsidies could place additional strain on China’s solar industry, which is already grappling with overcapacity and plummeting panel prices that threaten the viability of smaller manufacturers.

How much subsidy do solar panels get in Tianjin?

Since 2018, households that choose to adopt solar panels receive a subsidy of only 0.37 RMB/kWh for each kilowatt-hour of PV power generated. The electricity price for residents in Tianjin is 0.49 RMB/kWh. The reduced subsidy of 0.05 RMB/kWh accounts for nearly 10% of the electricity price, indicating a substantial reduction in the subsidy.

How much solar power does China have?

China now has 887GW of installed solar power, more than six times the capacity of the US. Credit: vvaldmann/Shutterstock. China’s National Development and Reform Commission (NDRC), in conjunction with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, as reported by Reuters.

Does China have a PV generation subsidy phase-out policy?

To test our argument, we use the case of the PV generation subsidy phase-out policy in China. China is the world''s largest PV market, and the household PV industry has heavily relied on subsidy-based business models (Xiong and Yang, 2016).