China’s spectacular expansion of its solar power capacity is mostly based on utility-scale solar, but distributed solar is also taking off, write Max Dupuy and Wang Xuan, two China experts from the globally operating Regulatory Assistance Project (RAP). According to Dupuy and Xuan, this trend may be expected to continue, as the Chinese government is creating new business and regulatory models to stimulate distributed solar PV and other decentralised sources. They explain how the new measures are likely to shake up the Chinese renewable energy market. Investment in solar photovoltaic (PV) generation is surging in China, and, although utility-scale solar continues to dominate, distributed solar is also growing rapidly. The country is estimated to have added 54 GW of solar in 2017, and distributed solar accounts for about one-third of that capacity. Now, policymakers appear to be emphasizing continued growth in distributed solar. Recently, the National Development and Reform Commission (NDRC) and National Energy Administration (NEA) kicked off an effort to create new business models for distributed solar PV and other distributed resources. These new business models are geared toward new investments in solar PV on local distribution networks, financed and implemented by third parties or, in some cases, new, privately owned distribution companies.
Energy Post 16th Jan 2018 read more »