China sets 2019 subsidies for large-scale solar power projects at $248 mln

China has estimated government subsidies for centralized solar power projects in 2019 at 1.7 billion yuan ($247.64 million), involving the total installed capacity of 22.79 gigawatts (GW), the National Energy Administration (NEA) said on Thursday.

A total of 3,921 projects in 22 provinces and cities have received approvals for the applicable subsidies, the NEA said in a statement. Centralized solar power stations are large-scale arrays of photovoltaic cells as opposed to smaller rooftop arrays.

The new subsidy is part of a system of fixed subsidy amounts the Chinese government implemented this year for solar projects. China did not allocate any subsidies for centralized solar stations in 2018 as Beijing tried to ease a payment backlog that stands at 120 billion yuan.


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