China Solicits Opinions on the Removal of 0.03yuan/kWh FIT for Utility Scale and Commercial and Industrial Distributed Solar Projects

PVTIME – The National Development and Reform Commission recently solicited opinions from relevant departments on the new energy feed-in tariff (FIT) policy for 2021.

According to the draft for comments, new utility scale photovoltaic power plants, industrial and commercial distributed photovoltaic and newly approved onshore wind power projects filed in 2021 will no longer receive the 0.03yuan/kWh state subsidies.

Residential solar will still benefit from the 0.03yuan/kWh FIT but only until the end of the year.