China PV Snippets: Qingha, GCL, FEDI, Yunnan, NEA

Qinghai’s New Installed Energy Exceed 50%; GCL Sells 174 MW PV Plants; FEDI Signs 200 MW Project In Ningxia; NEA: Residential Grid RE Energy Power Generating PV Subsidies To End By Nov 30; State Grid Announces 7th Batch RE Subsidy Projects
11:24 PM (Beijing Time) - 20. November 2020
GCL New Energy sells 174 MW PV power plant

Chinese polysilicon manufacturer GCL-Poly Energy Holdings and its subsidiaries are looking at selling majority stakes in six solar plants with 174 MW capacity. (Photo Credit: GCL New Energy)

Key Takeaways

  • China province Qinghai's new energy installed capacity has exceeded by 50% in the first 3 quarters of the year 2020
  • GCL-Poly Energy Holdings and GCL New Energy Holdings said that its subsidiaries Anhui GCL New Energy and Suzhou GCL New Energy are looking at selling majority stakes in six solar plants with 174 MW capacity
  • Powerchina Fujian Electric Power Engineering Co Ltd., has secured EPC contracts for 2 PV projects with a combined capacity of 200 MW
  • Yunnan Power Grid Corporation has said that its proportion of renewable energy power generation in 2020 will continue to remain high throughout the year and will touch 90%
  • NEA has kept November 30, 2020 as the deadline for the grid connection of residential PV systems included in China's fiscal subsidy scale in 2020
  • The State Grid Corporation of China recently announced the 7th batch of renewable energy power generation subsidy projects for 2020

 


Qinghai Province’s new installed energy capacity exceed 50% in 9M/2020: According to the Qinghai Energy Bureau, China province Qinghai’s new energy installed capacity has exceeded by 50% in the first 3 quarters of the year 2020. This has enabled Qinghai to become the country’s first provincial-level administrative region to have 50% of new energy installed capacity. By end of September, the province’s total installed power capacity was at 32.98 million kW, a year-on-year increase of 5.1%, the highest in history. Among them, the photovoltaic installed capacity was 11.7 million kW, with a year-on-year increase of 7.73%.

Meanwhile, clean energy sources wind, hydro and solar power had helped Qinghai Province generated 6.7% more clean energy in the first six months of 2020 to a total of 37.18 billion kWh, as per Qinghai Energy Bureau (see China PV News Snippets: Qinghai Province, Tender)

GCL New Energy sells 174 MW PV power capacity to state-owned enterprises: Chinese polysilicon manufacturer GCL-Poly Energy Holdings and its solar project subsidiary GCL New Energy Holdings said that its subsidiaries Anhui GCL New Energy and Suzhou GCL New Energy are looking at selling majority stakes in six solar plants with 174 MW capacity.  The companies will sell to Xuzhou State Investment & Environmental Protection Energy Co., Ltd., about 90% of equity interests in each of Suzhou GCL Photovoltaic Power plant – Huaibei Xinneng, Hefei Jiannan and Hefei Jiuyang – and 67% equity interests in Dangshan Xinneng.

FEDI signs 200 MW large-scale centralized PV project in Ningxia: Powerchina Fujian Electric Power Engineering Co Ltd., (FEDI) has secured EPC contracts for 2 PV projects with a combined capacity of 200 MW. The projects, each with 100 MW capacity, will come up in Yanchi and Lingwu counties of Ningxia region. This project is the first large-scale centralized photovoltaic project in Ningxia to be undertaken by FEDI, and is another major achievement for the company in expanding new energy market in Northwest China.

Yunnan Power Grid renewable energy power generation at 90%: Yunnan Power Grid Corporation, a wholly owned subsidiary of China Southern Power Grid, said that its proportion of renewable energy power generation in 2020 will continue to remain high throughout the year and will touch 90%. For the past five years, the renewable energy power generation has remained at 90%, which is considered to be a world-class level.

Household PV subsidies to end by November 30: NEA: Chinese National Energy Administration (NEA) has come up with latest official statistics of the country’s installed capacity of residential PV systems. As per the report, in 2020, China has added about 6.6 GW capacity in the national fiscal subsidy scheme. In order to ensure a ‘stable and healthy development’, NEA has kept November 30, 2020 as the deadline for grid connections of residential PV systems included in China’s fiscal subsidy scale in 2020. 

State Grid announces 7th batch of renewable energy subsidy projects: Chinese state-owned electric utility corporation, the State Grid Corporation of China, recently announced the 7th batch of renewable energy power generation subsidy projects for 2020. About 1,404 photovoltaic projects have been included in the list with a capacity of 3.5 GW. Then there are 84 centralized PV projects with a capacity of 2.8 GW; and about 1,320 distributed PV projects with a capacity of 747.03 MW.

Meena Nair

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Meena Nair