Photovoltaic power generation and wind power subsidy application form

Does government R&D subsidy promote PV installation?

Furthermore, it is significant to set up incentive mechanism to promote the development of local economy and to achieve the upgrade of PV industry. Second, the government R&D subsidy plays a positive role in promoting PV system installation. Based on the estimation results, R&D subsidy has a significant positive effect on PV installation.

Why is there a subsidy gap for onshore wind & solar power projects?

Subsidies for onshore wind and solar power projects date back to 2009, when subsidy incentives drove rapid development of the country's new energy installed capacity. However, the generous subsidies previously allocated over the past few years weighed on central government finances and led to an increasing subsidy gap.

How government supports PV power generation projects?

In the initial project construction stage, financial support is the most commonly used policy instrument. In the operation phase, electricity sales policies are the main policies. Government supports different forms of PV power generation projects at different stages according to its policy orientation.

Do government subsidies affect photovoltaic industry?

We apply spatial econometric model to analyze the performance of government subsidies on photovoltaic industry. The installed capacity of photovoltaics has shown a significant spatial agglomeration situation since 2012. The feed-in tariff and R&D subsidy policies play a positive incentive to the photovoltaic installed capacity.

Will wind and solar power enter the subsidy-free era?

Qian Jing, vice-president of module maker JinkoSolar, said the policies mark the era wherein wind and solar power finally enter the subsidy-free age. The policies could ensure that newly built wind power and photovoltaic projects can achieve reasonable profits, while directing investment in an efficient way, Qian said.

What are the main policies for PV power generation?

In the operation phase, electricity sales policies are the main policies. Government supports different forms of PV power generation projects at different stages according to its policy orientation. In the future, policies should focus on the distributed PV power generation, rather than on concentrated PV power.