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China Finalizes Pricing Policy for Photovoltaic Power in 2019, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 97 Words

China's National Development and Reform Commission recently published the Notices on Related Issues for Pricing of On-Grid Photovoltaic Power Generation. According to the Notices, except for village-level poverty relief and household-distributed power plants, the on-grid price for all distributed and centralized photovoltaic power projects to be built in 2019 will be decided through competitive bidding and will be lower than local guideline prices. A ceiling of 3 billion yuan ($436 million) is also set for total allowances from the state in 2019, including 750 million yuan ($109 million) specified for household photovoltaic power plants.

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