China’s NEA published the 2020 notice on wind power and photovoltaic power projects
Based on the 2019 notice on wind and photovoltaic power projects, China’s National Energy Administration published the 2020 notice to further promote the transition of wind and photovoltaic power to grid price and to maintain the sustainable development of the industry.
The notice put out new requirements to provincial government, grid enterprises and investors. Grid enterprises are to implement consumption plans, facilitate power transmission projects and connect to grid at a reasonable pace in accordance with the notice.
NEA requires all wind and PV power projects to submit applications by the end of April and start construction by the end of 2020.
NEA also took into consideration the current coronavirus situation and postponed the deadline for applications of grid price wind projects and subsidy bidding PV projects to the end of April, 2020.
Wind power projects
Subsidized wind power projects are scaled down in 2020. Those approved before the end of 2018 are encouraged to transit to grid price if fail to connect to grid before the end of 2020.
The notice states wind power projects that do not participate in the pilot of distributed market-based transactions shall still receive subsidies and must be included in the total planning control, together with centralized onshore wind power projects.
NEA will release the 2020 monitoring results of wind power investment to guide investment by wind power companies.
PV power projects
Subsidized PV power projects are implemented in accordance with the 2019 notice, that is, only new projects in 2020 (including centralized, industrial and commercial distributed projects) participate susbidy bidding. The total subsidy budget for new PV power projects in 2020 is 1.5 billion yuan, of which 500 million yuan goes for household PV and 1 billion yuan is used to subsidize bidding projects.
The requirements for subsidy bidding remains the same with 2019. The bidding rules and electricity price amendments for subsidized bidding projects in 2020 remain unchanged.
Click here for NEA ‘s 2020 notice.