China Announces Subsidy Policy to Distributed Photovoltaic Power Stations-Shanghai Metals Market

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China Announces Subsidy Policy to Distributed Photovoltaic Power Stations

Industry News 10:56:19AM Oct 28, 2013 Source:SMM

SHANGHAI, Oct. 28 (SMM) -

China Announces Subsidy Policy to Distributed Photovoltaic Power Stations
China’s Ministry of Finance released details on subsidy policy to distributed photovoltaic power stations on October 22, simplifying subsidy procedures to power plants using renewable energy such as photovoltaic and wind. 

China Pledges Greater Efforts to Promote Development of PV Industry
The average annual growth of photovoltaic power installed capacity is targeted at 10 GW during 2013-2015 and over 35 GM after 2015, according to the State Council’s Guidelines on Promoting Healthy Development of PV Industry.

China Needs to Simplify Review and Approval Procedures for PV Makers
China should promote the development of photovoltaic industry by offering greater credit support and simplifying review and approval procedures for PV manufacturers, said Hong Wei, chief PV researcher at the China Institute of Energy Economics Research (CIER).

Henan Releases Medium-to-Long Term Development Plan for Wind Power
The installed capacity of wind power in Henan province will reach 5 million kilowatts and 11 million kilowatts by 2015 and 2020, respectively. Wind power generation will reach 7 billion kilowatts by 2015 and 19 billion kilowatts by 2020, accounting for 25% and 35% of the province’s power generated by renewable energy, according to the Henan Development & Reform Commission’s Medium-to-Long Term Development Plan for Wind Power 2013-2020.
 

China Announces Subsidy Policy to Distributed Photovoltaic Power Stations

Industry News 10:56:19AM Oct 28, 2013 Source:SMM

SHANGHAI, Oct. 28 (SMM) -

China Announces Subsidy Policy to Distributed Photovoltaic Power Stations
China’s Ministry of Finance released details on subsidy policy to distributed photovoltaic power stations on October 22, simplifying subsidy procedures to power plants using renewable energy such as photovoltaic and wind. 

China Pledges Greater Efforts to Promote Development of PV Industry
The average annual growth of photovoltaic power installed capacity is targeted at 10 GW during 2013-2015 and over 35 GM after 2015, according to the State Council’s Guidelines on Promoting Healthy Development of PV Industry.

China Needs to Simplify Review and Approval Procedures for PV Makers
China should promote the development of photovoltaic industry by offering greater credit support and simplifying review and approval procedures for PV manufacturers, said Hong Wei, chief PV researcher at the China Institute of Energy Economics Research (CIER).

Henan Releases Medium-to-Long Term Development Plan for Wind Power
The installed capacity of wind power in Henan province will reach 5 million kilowatts and 11 million kilowatts by 2015 and 2020, respectively. Wind power generation will reach 7 billion kilowatts by 2015 and 19 billion kilowatts by 2020, accounting for 25% and 35% of the province’s power generated by renewable energy, according to the Henan Development & Reform Commission’s Medium-to-Long Term Development Plan for Wind Power 2013-2020.