The Shanghai Securities Journal reporter learned from the industry that at an internal discussion meeting held together by several ministries and commissions, a high-level official has stated that the new PV projects this year will no longer be in arrears of subsidies, and the subsidies in arrears in previous years should also be resolved.
The problem of subsidy arrears that has long plagued the development of the photovoltaic industry is expected to be fundamentally resolved this year. The Shanghai Securities Journal reporter learned from the industry that at an internal discussion meeting held together by several ministries and commissions, a high-level official has stated that the new PV projects this year will no longer be in arrears of subsidies, and the subsidies in arrears in previous years should also be resolved.
According to a person familiar with the ministry, subsidy arrears is a major problem in the photovoltaic industry, and most PV companies have encountered it. With the sharp decline in the price of the photovoltaic industry chain after the “May 31st†New Deal last year, the cost of photovoltaic power generation has also dropped a lot, making the demand for subsidies correspondingly reduced. This gives the conditions for this year to prepare for no longer defaulting on subsidies.
"According to the latest statement, in the future, whether it is household distributed photovoltaic, industrial and commercial distributed photovoltaic, ordinary ground power station, front-runner project or photovoltaic poverty alleviation project, no subsidies can be owed. Relevant opinions are being formed into documents, after discussion and consultation in the industry. Will be issued later." The above said.
In his view, this move is definitely a good thing for new PV projects. After the subsidy expectations are clear, financial institutions will lend money, and the project cash flow will be stable, which will help to increase the enthusiasm of enterprises to invest in photovoltaic power plants and participate in PV projects.
"As for the subsidies that were previously owed, we must also find ways to make up. One is to increase the additional price of renewable energy, or to supplement it with other electricity prices. The other is to reduce the thermal power subsidy, but this is very difficult." People said.
According to estimates, as of the end of 2017, the total gap in renewable energy subsidies was as high as 11 billion yuan.
At the 2018 Development Review of the Photovoltaic Industry held last month and the 2019 Situation Outlook Seminar, Wang Bohua, Vice Chairman and Secretary General of the China Photovoltaic Industry Association, once said that the current PV market is worth paying attention to firstly, market demand and subsidy arrears. coordination.
Yang Liyou, general manager of Jinneng Clean Energy Technology Co., Ltd., said in an interview with the Shanghai Stock Exchange that China's photovoltaic power generation is undergoing a transition period from subsidies to affordable Internet access. Although it is only one step away from parity, the photovoltaic industry is a capital-intensive industry. The sustainability and stability of the policy will directly affect the financing of the project and the company. At present, the subsidy for renewable energy subsidies is still very large. It is hoped that the quota system policy will be implemented and implemented as soon as possible, reducing the pressure on renewable energy subsidies and promoting the consumption of renewable energy.
According to the notice issued by the website of the Office of the State-owned Assets Supervision and Administration Commission on the 12th, in order to further improve the financial report of the enterprise, combined with the revision of the financial statement format of the enterprise, the financial report of the central enterprise was adjusted, and the main business indicators of the power generation enterprise should be increased. Statistical indicators such as photovoltaic installed capacity and “photovoltaic power generationâ€. It is reported that this is the first time that PV installed capacity and power generation are included in the statistics.
The industry believes that the above actions mean that the country's overall direction of supporting the development of the photovoltaic industry remains unchanged, which will help bring the development of the photovoltaic industry into a virtuous circle.
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