4 FAQs about Public photovoltaic energy storage promotion plan

Will China develop new energy storage systems between 2025 and 2027?

BEIJING, Sept. 12 -- China on Friday unveiled an action plan to promote the development of new forms of energy storage between 2025 and 2027, amid efforts to support green energy transition and ensure the stability of new-type power systems.

How to support distributed solar photovoltaics (dspv) enterprises?

Secondly, fiscal and tax policies were introduced to support PV enterprises. For DSPV, the China Development Bank and the National Energy Administration jointly published the Opinions on Supporting Financial Services for Distributed Solar Photovoltaics, providing credit support for distributed solar PV projects.

How to promote the application of PV technology?

Then promoting the application of PV technology has been highly concerned. A set of supportive policies have been introduced including the Feed-in Tariff Scheme, Photovoltaic Poverty Alleviation Project, and other demonstration projects. Later regulation, de-subsidization, and solar power consumption became the hot spot.

What is the feed-in tariff for photovoltaic power?

In 2008, the NDRC set the feed-in tariff for photovoltaic power at 4 CNY per kWh (tax included) . The revision of China's Renewable Energy Law in 2009 proposed full government support for China's renewable energy generation subsidy.

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