2GW in Q1 2019.
In an update note from AECEA (Asia Europe Clean Energy (Solar) Advisory Co) noted that China’s National Renewable Energy Center (NREC) data suggested that majority of installations have related to distributed PV projects, instead of utility-scale project, due to the lack of a new national support policy being implemented.
According to PV-Tech news, PV installations in the first quarter of 2019, declined by 46%, year-on-year to only 5.2GW. The utility-scale PV market in China was impacted by the ‘531 New Deal’ at the end of May 2018. Since that time, utility-scale projects outside of the ‘Top Runner’ and ‘Poverty Alleviation’ programmes, supported at the national level have stalled.
A new national policy remains in the consultation phase with projections being made that a new policy announcement is not expected until sometime in June 2019. ——————–***——————–
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Date: Apr 23, 2019 @ 15:32
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