IEEE Power & Energy Magazine - May/June 2020 - 49

China's Solar
Subsidy Policy

©ISTOCKPHOTO.COM/GYN9038

Government Funding Yields to Open Markets
By Houqi Dong,
Bo Zeng,
Yuqing Wang,
Yingxin Liu,
and Ming Zeng
Digital Object Identifier 10.1109/MPE.2020.2971824
Date of current version: 17 April 2020

may/june 2020

T

THE CHINESE GOVERNMENT HAS ISSUED NUMEROUS REGULAtions that significantly affect the number of photovoltaic (PV) installations in the country and the subsidies for their use. This article summarizes the internal and external environment of China's PV industry and
describes its future trends and prospects and also discusses a proposed
rate-making process and renewable energy supervision.
In 2017, China added 53 GW of PV power generation, an increase of
18.5 GW compared to 2016, reaching a new historical high year-on-year
growth of 53.62%. However, prior to 2018, the national PV policy had many
issues, such as high presubsidy prices, a lack of incentives for technological
innovation, and the absence of installation performance monitoring.
Against a backdrop of excess production of PV panels and a waning
desire to provide financial support to the manufacturers, the government

1540-7977/20©2020IEEE

ieee power & energy magazine

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IEEE Power & Energy Magazine - May/June 2020

Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - May/June 2020

Contents
IEEE Power & Energy Magazine - May/June 2020 - Cover1
IEEE Power & Energy Magazine - May/June 2020 - Cover2
IEEE Power & Energy Magazine - May/June 2020 - Contents
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IEEE Power & Energy Magazine - May/June 2020 - Cover3
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