Dongguan photovoltaic industry received favorable policies

According to the "National Development and Reform Commission's Circular on Adjusting Relevant Energy Price Additional Standards and Environmental Protection Electricity Prices" recently issued by the National Development and Reform Commission. It is clear that the additional renewable energy price addition to household life and agricultural production will increase from 0.8 cents per kilowatt hour to 1.5 cents, the highest increase for many years. People in the industry believe that with the country's various favorable policies, the profitability of the photovoltaic industry will gradually improve.

The increase rate nearly doubled <br> <br> It is understood that renewable energy tariff surcharge as a renewable energy development fund collection standard in 2006 from 0.1 cents per kilowatt-hour increase gradually to the current 0.8 cents per kilowatt-hour, At present, the amount of funds raised each year is about 20 billion yuan. However, renewable energy has developed rapidly in recent years. At the end of 2011, the funding gap was 10.7 billion yuan.

“If we do not raise the standard further, we expect the additional funding gap for renewable energy prices to reach about 33 billion yuan in 2015, which will inevitably affect the enthusiasm for renewable energy investment.” Relevant person in charge of the National Development and Reform Commission publicly stated that it increased by 0.8 cents. To 1.5 cents, it was the highest rate of increase for many years.

Photovoltaic project investment is expected to accelerate. “The increase in the renewable energy price and the benchmark price in the distributed electricity price subsidy area exceed the company’s expectations. The profitability of the photovoltaic industry is promising,” said Xu Haibo, director of the Easy Energy Institute for Power Control.

This additional round of renewable energy price adjustment is accompanied by the “National Development and Reform Commission’s Notice on Exploiting Price Leverage to Promote the Healthy Development of the PV Industry”. Specifically, it has defined the sub-regional benchmark on-grid tariff policy for photovoltaic power plants: According to the conditions of solar energy resources and construction costs in different regions, the country is divided into three types of resource areas, respectively performing 0.9 yuan, 0.95 yuan, and 1 yuan per kilowatt-hour. The electricity price standard; for distributed photovoltaic power generation projects, the implementation of electricity price subsidies in accordance with the power generation policy, electricity price subsidy standard is 0.42 yuan per kilowatt-hour.

Xu Haibo said, “The difficulty in grid connection and the subsidies for electricity prices have been supported by the policy level. The recovery of photovoltaic power generation companies is guaranteed. The confidence in the development of the industry is boosted and investment in photovoltaic projects is expected to increase.”

An analyst in the photovoltaic industry told the reporter that Dongguan PV manufacturing is focused on supporting products outside photovoltaic cells, and the industry adjustment will benefit Dongguan's dominant PV manufacturing companies, bringing opportunities to the entire industry.