Solar energy system power generation subsidy standards

Do subsidies affect solar PV installation volumes in China?

Few studies applied regional data in a single country to analyze the influence of support policies on solar PV industry. Moreover, no research studies performed the spatial effect of subsidies on solar PV installation volumes in China. Therefore, we select panel data of 31 provincial units in China from 2011 to 2018.

When was solar energy subsidized?

In 1987, the State Council decided to establish the special subsidized loans for rural energies, and subsidies were provided for renewable energy projects, such as PV cell production lines, at 50% of the commercial bank interest .

Can solar power be cost competitive if no subsidies help?

In the technology aspect, to secure the cost competitiveness of PV power over traditional thermal power when no subsidies help, the U.S. Department of Energy established Sunshot Initiatives, facilitating advanced manufacturers to form and enlarge their capacity. This program granted $1.1bn in subsidies during the first phase. 4.3.2.

Does government R&D subsidy promote PV installation?

Furthermore, it is significant to set up incentive mechanism to promote the development of local economy and to achieve the upgrade of PV industry. Second, the government R&D subsidy plays a positive role in promoting PV system installation. Based on the estimation results, R&D subsidy has a significant positive effect on PV installation.

What is the feed-in tariff standard for distributed solar PV power generation?

Meanwhile, the feed-in tariff subsidy standard for the distributed solar PV power generation system set by China is 0.42 RMB/kWh, as shown in Table 3.5 below. Table 3.5. Feed-in tariff of Chinese PV power stations since September 1 2013. For distributed PV power generation projects, the feed-in tariff standard is 0.42 RMB per kWh.

How can government subsidies help the PV industry?

In addition, government subsidies can reduce research and development costs of PV companies. Moreover, it is beneficial to achieve the collaborative innovation of PV industry chain between PV manufacturers and solar cell suppliers. Third, most control variables pass the significance test.