Chinese 2019 Wind, Solar Generation Tops 400 billion kwh (Int'l.)
China National Energy Administration Solar
According to the China National Energy Administration, in 2019 China's wind power generation capacity exceeded 400 billion kilowatt-hours (kwh) for the first time, reaching 405.7 billion kwh, almost quadruple the amount produced by the Three Gorges Hydropower Station in the same year.
Meanwhile, China's photovoltaic power generation capacity reached 224.3 billion kwh, a year-on-year growth of 26.3 pct while
China's PV products exports grew 29 pct to $20.78 billion for a year-on-year growth of 29 percent and the second highest in history. (Source: China National Energy Administration, News Ghana, 9 Mar., 2020) Contact: China Photovoltaic Industry Association, +86 10 6820 0513, email@example.com, www.chinapv.org.cn; China National
Energy Administration, http://english.www.gov.cn/state_council/2014/10/01/content_281474991089761.htm
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Beijing Reportedly Ending Renewable Energy Support (Int'l Report)
China Renewable Energy
Shanghai Securities News is reporting Beijing is considering scaling back or even abolishing subsidies to the offshore wind power sector in 2022. Beijing would, however, still encourage regional-level governments to subsidize construction of local offshore wind farms. In 2019, the central government cancelled subsidies for the solar power industry.
The cut backs are being viewed as a sign of the government's intention to completely eliminate financial support to renewable energy firms as their technology becomes more commercially competitive.
(Source: Shanghai Securities News, CX Tech, 9 Jan., 2020)
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Chinese Solar Energy Prices Hit Grid Parity (Int'l. Report)
China Solar Energy
China has reportedly reached a "tipping point" where home-generated solar is cheaper than electricity generated from the national grid.
In March, a Chinese report
noted that in 74 pct of cases, building new solar and wind capacity in a given area was cheaper than maintaining an existing coal-powered plant. Where levelized costs for wind reach $15 per MWh and $28 per MWh for solar, marginal costs for existing plants can jump as high as $104 per MWh.
China is aiming to consume 20 pct of its energy from non-fossil fuels by 2030. (Source: Xinhua, Inverse, 14 Aug., 2019)
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Renewables Power Northwestern Chinase Province (Int'l Report)
Qinghai Electric Power Company.
China's State Grid Qinghai Electric Power Company reports clean energy is powering the economy of northwest China's Qinghai Province with a total installed power generating capacity of nearly 28 million kilowatts, or 86 pct of the province's energy consumption.
The province's installed solar power capacity reached 9.6 million KW, wind power hit 2.7 million KW while hydropower capacity reached 11.9 million KW, according to the company release.
Additionall, Qinghai province has two, 10 million kilowatts renewable power generating bases under construction.
(Source: Qinghai Electric Power Company, China.org.cn, Xinhua, February 10, 2019) Contact: Qinghai Electric Power Company, en.chinapower.com.cn/tag/qinghai-electric-power
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China Aims to Optimize PV Power Development (Int'l Report)
In Beijing, China's National Development and Reform Commission (NDRC), the Ministry of Finance and the National Energy Administration have announced that although there are no plans for new distributed PV projects for the remainder of 2018, a quota of around 10 million kilowatts will be maintained.
China cut the national feed-in-tariff by 0.05 yuan (approximately $0.008 U.S.) per kWh at the beginning of June, but there was no change to the subsidy for county-level poverty alleviation PV projects.
China is taking the lead in PV development globally, with an internationally competitive and complete industrial chain.
By the end of 2020, renewable energy will supply 1.9 trillion kilowatt-hours of electricity, 27 pct of total power generation, according to the NDRC 2016-2020 plan for renewable energy, according to the NDRC. (Source: NDRC, Ecns.cn, June, 2018) )Contact: China National Development and Reform Commission, en.ndrc.gov.cn
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China Slashes Solar Subsidies (Int'l Ind. Report)
National Development and Reform Commission
In Beijing, the National Development and Reform Commission (NDRC), the Ministry of Finance and the National Energy Administration sre reporting a cut in the national feed-in-tariff by 0.05 yuan ($0.008) per kWh and a similar reduction in subsidies for power generated by distributed PV projects. The move is intended to slowdown PV related production and overheating in the pv sector.
An article on the public WeChat account of the China Photovoltaic Industry Association said Friday that while the sector's growth momentum might not be sustained, PV power will remain a key force in the nation's energy revolution and will still receive State support.
The association said the fact that PV installations can generate power at a lower cost than other power sources in many countries is the Chinese PV industry's greatest strength.
According to a report by the Xinhua News Agency, China is taking the lead in PV development globally, with an internationally competitive and complete industrial chain. The central government is aiming for 27 pct of total power generation to come from renewable energy sources by the end of 2020, according to the 2016-20 plan for renewable energy.
(Source: China National Development and Reform Commission,, Global Times, 3 June, 2018) Contact: National Development and Reform Commission, en.ndrc.gov.cn
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China Doubles 2017 Investments in Clean Energy (Ind. Report)
China National Energy Administration
Bloomberg New Energy Finance is reporting China increased its clean energy spending in 2017 by 24 pct to a total of $132.6 billion -- $86.5 billion of which went to solar. BNEF estimates China installed a 53 gigawatts of PV capacity in 2017, almost a third more than originally projected. China's solar energy investments accounted for half the world's $160.8 billion total. Global solar investment grew 18 percent in 2017, accounting for 48 percent of total global clean energy investment.
GTM Research estimates the country’s total installs just under that number, at 52 gigawatts.
(Source: Bloomberg NEF, GTM, 16 Jan., 2019) Contact: China National Energy Administration, en.ndrc.gov.cn
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EU Lowering Imported Chinese Solar Panel Minimum Prices (Int'l)
The EU announced on Sept. 16 that it would progressively reduce the minimum prices that Chinese solar panel makers are allowed to sell their products for in Europe, allowing price cuts every three months beginning Oct. 1 but ending July 2018. Chinese companies that sell below the minimum prices are subject to import duties of up to 64.9 pct. (Source: EU, SA News, Various Media, 18 Sept., 2017)
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