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Top six provinces that received the greatest amount of solar power subsidy

published: 2013-09-05 12:03

EnergyTrend indicated that because plans for improving solar system installations were first set in 2012, numerous issues regarding the process are yet to be resolved. In 2013, however, as supporting measures of the central policy, local governments, and grid companies become more effective, China’s on-grid installations may top their past record. In addition, Chinese government should invest more in the supply chain by announcing market access requirement , encouraging M&A, reducing local government intervention, and distributing capital according to the market mechanism. Only when a balance is reached between supply and demand will the global solar industry recover from the market downturn.

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