China new solar subsidy policy

China new solar subsidy policy

Last year there was 31 May solar policy, this year there is 30 April, right before 4-day holiday starts, National Development and Reform Commission announced on website new solar policy, subsidy decreased over 20% in general, effective from 1 July. China goverment is leading the industry to be subsidy free. There might be installation rush to drive up solar panel price, before 30 June. In second half, global solar panel market demand is estimated to be good, so panel price will be stable compared with last year.

The Chinese version on National Development and Reform Commission website:

http://www.ndrc.gov.cn/gzdt/201904/t20190430_935494.html

http://www.ndrc.gov.cn/gzdt/201904/t20190430_935315.html