China’s top planning organisation has revealed new solar and wind policies for subsidy-free projects.
Feed-in tariff (FiT) support was cut in May 2018 but under new plans, all relevant bodies will be asked to clear obstacles for those projects that can undercut coal (coal-fired benchmark on-grid price).
A 12-point plan has been revealed by China’s National Development and Reform Commission.
Local governments will be allowed to subsidise projects if they choose but the policy states that those subsidies cannot be used to prop up local manufacturers. Support cannot be offered with local content requirements either. This tallies with previous indications that struggling solar manufacturers should not be offered artificial support.
