HOME > News

China’s 2017 Feed-in Tariff Rates for PV Projects Discovered

published: 2016-12-07 17:35

It was discovered by Chinese media that the Beijing government has decided on the feed-in tariff (FIT) rates for solar power projects for the year 2017. The discovery showed that the new FIT rates will be higher than figures proposed in the government’s previous plan, while the yearly deadline be on June 30, like in 2016.

For the year 2017, FIT rates for PV projects will be differed region by region, according to a datasheet acquired by PVmen, a Chinese online media. The FIT rate for PV projects in the Resource Region I will be RMB 0.6/kWh, in the Resource Region II will be RMB 0.7/kWh, and in the Resource Region II will be RMB 0.8/kWh. Meanwhile, certified and grid-connected PV projects in Tibet will receive a FIT subsidy of RMB 1.0/kWh.

All the figures above can only be confirmed by official documents published by the Chinese government.

This October, China’s National Energy Administration (NEA) released a proposal for the FIT rates for 2017, in which the FIT rates for the three regions were respectively RMB 0.55, 0.65, and 0.75 per kWh. The newly discovered figures are all higher than the previously proposed ones but are still lower than 2016’s rates of RMB 0.8, 0.88, 0.98 per kWh, for the three regions, respectively.

Furthermore, the discovered datasheet showed that the yearly deadline of the new FIT scheme will be on June 30, 2017. Accordingly, PV projects that are filed after January 1, 2017 will receive 2017’s subsidy rate. PV projects that were filed before December 31, 2016 but fails to complete, connect to the grid, and start operation on June 30, 2017 will also receive 2017’s subsidy rate.

The datasheet obtained by media doesn’t disclose FIT rates for distributed solar systems. Nonetheless, it notes that the yearly deadline of distributed projects will also be on June 30, 2017.

announcements add announcements     mail print