Photovoltaic installations reached 26GW in the first three quarters of 2016


Release time:

2016-11-04

Meng Xiangang, vice president of the China Renewable Energy Society, recently told reporters that China's newly installed photovoltaic capacity in the first three quarters has reached 26GW.

Meng Xian-gan, vice president of the Chinese Renewable Energy Society, recently stated in an interview that China's newly installed photovoltaic capacity in the first three quarters has reached 26GW.

By the first three quarters of 2016, the installed photovoltaic capacity had reached 26GW

  Meng Xian-gan, vice president of the Chinese Renewable Energy Society

  In June of this year, the National Energy Administration issued the implementation plan for photovoltaic power generation construction in 2016, with a total of 18.1GW of newly added photovoltaic power plants, including 12.6GW of ordinary photovoltaic power plant projects and 5.5GW of photovoltaic leading runner projects. This plan does not include photovoltaic poverty alleviation projects.

  Due to the "630" deadline, the scale of photovoltaic construction in China experienced a surge in the first half of this year. Wang Bohua, secretary-general of the China Photovoltaic Industry Association, announced in July that the newly installed capacity of photovoltaic power generation in the first half of the year exceeded 20GW, nearly three times the level of the same period last year (7.73GW).

  The so-called "630" deadline originates from the adjustment of photovoltaic benchmark electricity prices by the National Development and Reform Commission at the end of 2015. In December 2015, the National Development and Reform Commission issued a notice adjusting the photovoltaic benchmark electricity prices for three types of solar energy resource zones from the previous 0.90 yuan/kWh, 0.95 yuan/kWh, and 1.0 yuan/kWh to 0.80 yuan/kWh, 0.88 yuan/kWh, and 0.98 yuan/kWh respectively. The notice stated that "photovoltaic power generation projects that were filed before 2016 and included in the annual scale management but had not been fully put into operation before June 30, 2016, will follow the 2016 on-grid benchmark electricity price." This means that projects filed before 2016, as long as they were put into operation before June 30, could follow the price before the adjustment. This led to a "rush to install" in the photovoltaic industry.