Jiangsu province, whose PV industry accounted for 70% of the domestic total output value in 2007, plans to install 200 MW in 2011, of which 20 MW will be used to serve ground buildings and 180 MW roof projects.
Suntech Power Chairman And Chief Executive Officer Shi Zhengrong predicted that in China, the cost of solar power generation would reach CNY1 per kilowatt-hour in 2012, said earlier reports.
Huang Shaozhong, an official with the State Electricity Regulatory Commission of China said that in fact, the whole country has attached great importance to renewable energy. The Chinese government will provide a long support to power generation based on renewable energy.
In the first half of 2009, the government is expected to launch a scheme, announcing the subsidies for power generation projects based on renewable energy in the second half of 2008.
The government has supplied such subsidies for long. In 2006, subsidies of CNY250 million were given to 38 projects. In 2007, subsidies of over CNY700 million were offered to 75 projects. From October 2007 to June 2008, subsidies of nearly CNY2 billion were provided to 148 projects.
Moreover, the government has come up with different policies to encourage the development of renewable energy businesses. In principle, power grids should accept all the electricity generated by renewable energy power plants, Shaozhong said.
Shaozhong said that additionally, electricity based on wind energy, biomass energy and solar energy should not be sold at the same prices as that generated by nuclear power stations, thermal power plants and so on, he added.
In recent years, the renewable energy industry has gained a rapid growth in China. The country’s total investment in renewable energy projects reached $12 billion in 2007, ranking second around the globe, according to the Guangzhou South China Coal Trade Center.
Shi Dinghuan, president of the Chinese Renewable Energy Society said that in the same year, its renewable energy consumption amounted to about 220 million tons of coal equivalent, accounting for 8.5% of its total primary energy consumptions. The country aims to lower the proportion to 10% in 2010.
