China’s Bureau of Energy has announced approval of a designated group of Distributed PV Generation Application Demonstration parks. A focus on self-consumption of PV power generation by the Bureau of Energy moves forward with notable clarity. Over 1.8 GW of distributed solar PV projects were approved (out of which up to 750 MW may begin construction in 2013). And a high level of self-consumption has been committed to by the developers:
Here’s how the initial split plays out:
Steven Han from Solarbuzz continues:
Until now, financing and tariff distribution timeliness have been major barriers for developer groups. Sources say that additional policies will be established in the second half of year to lower these barriers.
All sixteen commercial developer groups and two utility developer groups can now receive FITs of CNY 0.42/kWh, in addition to the desulfurization tariff. In some regions, such as Jiangsu and Anhui, developer groups can also receive extra rebates.