China Adds 596.4MW of Residential PV Capacity in May, 1.26GW in First Five Months of 2020

PVTIME – In accordance with the relevant requirements of the “Notice on the Construction of Wind and Photovoltaic Power Generation Projects in 2020” and the “Notice on Relevant Matters Regarding Residential Photovoltaic Projects in 2019”, 30 provinces in China have submitted the relevant information on residential photovoltaic projects to the National Energy Administration of China (residential photovoltaic projects in Tibet will not be eligible for financial subsidies in 2020 due to not having submitted the relevant information).

Figure 1. Newly added subsidized residential PV projects in May and cumulative subsidized residential PV projects up to end of May 2020.

According to the information (organized by the NEA’s information management center) submitted by the provincial energy authorities and power grid enterprises, the total installed capacity of residential photovoltaic projects newly included in the national financial subsidy in May 2020 was 596.4MW. As of the end of May 2020, the cumulative installed capacity of residential photovoltaic projects included in the 2020 national financial subsidy budget is 1.26GW. Refer to Figure 1 for details.