Notice on Issues Concerning the Policy on On-grid Tariffs for Photovoltaic Power Generation in 2020

The notice regulates electricity prices for photovoltaic power generation in 2020.The Notice proposes to include newly added centralized photovoltaic power stations in the I-III resource areas to receive financial subsidies. These will be equivalent to RMB 0.35 (including tax, the same below), RMB 0.4, and RMB 0.49 per kWh. The grid-connected electricity price of the newly added centralized photovoltaic power station will be determined through market competition and will not exceed the set price of the resource area where it is located.The subsidy standard for household distributed photovoltaic power generation included in the scale of fiscal subsidies for 2020 will be adjusted to RMB 0.08 per kWh. The idea behind the Notice is to help stabilize industry expectations, guide the industry to arrange investment and construction, and to promote the development of the photovoltaic industry.

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