A total investment of CNY 1.84 billion has flowed into the PV sector of the Chinese stock market on February 12, one day after Shanghai-listed Tongwei Group announced in the company’s development plan (2020-2030) that it would invest CNY 20 billion in a new solar panel production project that is expected to yield a 30GW annual capacity.
Chengdu, a city in China’s Sichuan Province, has released a policy referred to as theImplementation Opinions on Promoting High-Quality Development of the Equipment Manufacturing Industry.
According to the newly released “National Electricity Supply and Demand Situation Analysis and Forecast Report for the First Three Quarters of 2019", China Electricity Council (CEC) expects 2019 incremental power capacity to reach approximately 100GW, including 60GW from non-fossil sources.
Three Gorges New Energy has revealed plans to construct a PV + Chinese herbal medicine combo project in Changzi County of Shanxi Province.
The North China Energy Regulatory Bureau has just released a policy that grants Centralized PV Poverty Alleviation Projects (Poverty PV) priority to power generation.
A city subsidy of 800 CNY/kW will be awarded to distributed solar projects in Fengtai, a district in Beijing.