Subsidy for PV generation more than expected and solar energy stock to rebound
Date:09-04-2013 Source:CESEP
As subsidies for china’s distributed PV power generating plants are more than expected and the performance of listed companies is better than expected,
China improves the pricing policy of PV power generation, issued by the NDRC last Friday, clearly defines price subsidy standard for distributed PV power generation is 0.42 yuan / kWh, which is much higher than what the market has expected and increases by 20% than the subsidy standard of 0.35 yuan/ kWh in the exposure draft.
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