China to Lower On-Grid PV Power Price from Jan. 1, 2017  -Shanghai Metals Market

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China to Lower On-Grid PV Power Price from Jan. 1, 2017  

Industry News 05:56:30PM Nov 03, 2016 Source:SMM

SHANGHAI, Nov. 3 (SMM) - China’s National Development & Reform Commission (NDRC) on September 29 released a document of adjusting the benchmark on-grid prices of electricity power generated by new energies (Draft for Soliciting Opinions). 

In accordance with the document, on-grid PV power prices in the first, second and third grade resource areas will be cut from 0.80 yuan, 0.88 yuan and 0.98 yuan to 0.55 yuan, 0.65 yuan and 0.75 yuan, respectively. And subsidies for self-generation and self-use and the remaining going to grid, and self-generation, self-use, both under roof-top PV distribution system, will be cut from 0.42 yuan to 0.2 yuan, 0.25 yuan and 0.3 yuan in the first, second and third grade resource areas, respectively.  

The new policy will become effective from January 1, 2017. 

PV power generation developers are expected to race against time before the new policy takes effect, and a new boom of installing PV power generators is coming soon.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China to Lower On-Grid PV Power Price from Jan. 1, 2017  

Industry News 05:56:30PM Nov 03, 2016 Source:SMM

SHANGHAI, Nov. 3 (SMM) - China’s National Development & Reform Commission (NDRC) on September 29 released a document of adjusting the benchmark on-grid prices of electricity power generated by new energies (Draft for Soliciting Opinions). 

In accordance with the document, on-grid PV power prices in the first, second and third grade resource areas will be cut from 0.80 yuan, 0.88 yuan and 0.98 yuan to 0.55 yuan, 0.65 yuan and 0.75 yuan, respectively. And subsidies for self-generation and self-use and the remaining going to grid, and self-generation, self-use, both under roof-top PV distribution system, will be cut from 0.42 yuan to 0.2 yuan, 0.25 yuan and 0.3 yuan in the first, second and third grade resource areas, respectively.  

The new policy will become effective from January 1, 2017. 

PV power generation developers are expected to race against time before the new policy takes effect, and a new boom of installing PV power generators is coming soon.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.