China to discourage high subsidy, low-tech solar projects
The policy statement comes as the country has been struggling to fund subsidies and tackle high power wastage from a surge in renewable energy projects.
China had a total of 101.82 GW installed solar capacity by June. It will soon reach 110 GW, the target Beijing had aimed to achieve by 2020
Environment group Greenpeace said the solar curtailment rate across China rose 50 percent in 2015 and 2016, with more than 30 percent of available power in northwestern province Gansu and Xinjiang failing to reach the grid.
An official at NEA said on a conference last week that China's power wastage on renewable energy has been improved, with curtailment rate on wind and solar power generation decreased seven percent and five percent respectively in the first half of this year.
The administration will set technical standards on solar products to speed up technological progress and eliminate outdated capacity, the statement said. ■