Renewable Energy Planning 12Th Five-Year, State Council &Nbsp, Photovoltaic Power Generation

Insiders told the China Securities Journal 2 reporters that the "12th Five-Year" renewable energy development plan has been submitted to the State Council for approval.

The total installed capacity of photovoltaic power generation in 12th Five-Year has been clearly raised to 10 gigawatts, more than the target in the first draft of the plan.

The plan will eventually be published along with the "12th Five-Year energy development plan".

"12th Five-Year"

The industry believes that the "12th Five-Year" renewable energy development plan, once reported.

More than 95% of PV products are sold overseas, and are vulnerable to major imports.

According to the insiders, once the total installed capacity of photovoltaic power generation in 12th Five-Year is determined, the national energy board can determine the scale of the tender in the next 5 years on the basis of this, and choose the opportunity to introduce the fixed tariff policy in the domestic PV market according to the development of the industry and market.

As the photovoltaic market in China is mainly guided by policies, the total installed capacity of photovoltaic power generation in 12th Five-Year is directly related to the market scale of related industries, enterprises and products to the upstream industries such as polysilicon, downstream PV modules and inverters.

The industry expects that by the end of 12th Five-Year, the total installed capacity of photovoltaic power generation in China will exceed 10 GW target.

China Securities Journal reporter also learned that in the second half of the year, the national energy board will start the third round of light volt tendering, and the tender scale is expected to be 500 MW -1000 MW.