2 yuan subsidy for each photovoltaic panel

How much subsidies are there for PV projects in China?

Following that, the subsidies decreased dramatically from 0.32 yuan/kw▪h to 0.18 yuan/kw▪h in the case of household-distributed PV projects) and 0.1 yuan/kw▪h in the case of centralized PV projects and commercially distributed PV projects.

Does China's feed-in-tariff subsidy policy improve photovoltaic power generation quality?

Over the past decade, the feed-in-tariff (FIT) subsidy policy of China has driven rapid growth in the photovoltaic power generation (PPG) industry. China now boasts the largest installed capacity of PPG around the world. However, the policy-driven expansion of the PPG industry has not brought about a simultaneous improvement in quality.

What is the net metering subsidy for distributed PV power?

As mentioned in the Introduction, in 2013, the Chinese government implemented a net-metering subsidy of0.42 yuan/kWh for distributed PV power. With the declining cost of PV power generation and the rapid expansion of the PV industry, the subsidy decreased to 0.37 yuan/kWh in 2017 and to 0.32 yuan/kWh in 2018.

What is the gap of subsidy in the PV industry?

Statistics reveal that the gap of subsidy in the PV industry reached 60 billion yuan in 2018. If no measures are taken, the subsidies for PV industry may reach 250 billion yuan by 2020. The renewable subsidies in a number of countries show the reduction trends with the increasing years, examples include Germany and the U.S..

What is China's solar power subsidy level?

The subsidy standard is 0.42 yuan/kWh [ 53, 54 ]. According to the announcement issued by the National Bureau of Statistics in 2018, China's solar power generation in 2017 reached 96.7 billion kWh [ 55, 56 ]. Therefore, we set the initial subsidy level at T = 0.4 yuan/kWh and the target output Qt = 96.7 billion kWh.

Do PV subsidies affect PV capacity?

Even in the era of subsidy-free, our estimates of the impact of PV subsidies on PV capacity can be useful to infer the effect of PV technological change on PV capacity, since PV subsidies and technology costs (in yuan/kWh) are simply two sides of the same coin.