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.