As of July 2011, non-tendered solar PV projects set up in China will be able to apply for a benchmark feed-in tariff.
In Notice 1594 of July 2011, the National Development and Reform Commissions (NDRC) guarantees solar PV projects approved before July 1st, 2011 and put in operation by December 31st of the same year, with a 1.15 CNY/kWh tariff (18 USD cent equivalent).
This tariff also applies to solar PV projects situated in Tibet and approved on July 1st or afterwards and approved before July 1st but not in operation by December 31st 2011.
For solar PV projects in other regions, a CNY 1/kWh (USD cent equivalent) tariff will apply.
For solar PV projects approved through concessionary bidding, the applying bidding price can not be higher than the above mentioned benchmark feed-in tariff for solar PV. All tariffs will be adjusted periodically by the NDRC in accordance with future investment, cost changes and technological advancement.