Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

China to Change Rates Earned by Solar Farms, PV-Tech Reports

March 11 (Bloomberg) -- China plans to set four rates that solar-power plants can earn for selling electricity to grid operators, compared with two currently, PV-Tech news reported on its website yesterday, citing people it didn’t identify.

The prices for utility-scale generation will be based on regions, and they no longer will be a fixed tariff of 1 yuan (16 U.S. cents) a kilowatt-hour everywhere except in Tibet, where they get 1.15 yuan, according to the report. The lowest price will be 0.75 yuan a kilowatt-hour in four areas of Qinghai province, the report said. The other rates will be 0.85 yuan, 0.95 yuan and 1 yuan a kilowatt-hour, PV-Tech said.

The government also plans to set a rate of 0.35 yuan a kilowatt-hour for distributed solar-power projects. Such projects would have less than 6 megawatts of capacity and would be connected to grids with voltage of as much as 10 kilovolts.

The National Development and Reform Commission has been seeking advice from solar-power generation companies. Two calls and a fax to the NDRC seeking comment went unanswered.

To contact the reporter on this story: Feifei Shen in Beijing at fshen11@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.