What is the transaction price of China Resources photovoltaic bracket

Why has China changed the centralized PV price to guidance price?

To accelerate the decline of subsidies and promote the sustainable development of the PV industry, China has continuously lowered the PV FIT and subsidy standards and changed the centralized PV price to the guidance price in 2019, actively promoting the transformation of PV power generation to the era of grid parity.

Is China a major market for solar photovoltaics?

Provided by the Springer Nature SharedIt content-sharing initiative In recent years, China has become not just a large producer but a major market for solar photovoltaics (PV), increasing interest in solar electricity prices in China.

Can photovoltaic electricity be compared to grid prices in China?

Although solar photovoltaic use grows rapidly in China, comparison with grid prices is difficult as photovoltaic electricity prices depend on local factors. Using prefecture-level data, Yan et al. find that 100% of user-side systems can achieve grid parity, while 22% can produce electricity cheaper than coal-based power plants.

Does China have a price threshold for solar power?

The cost of solar PV electricity generation is affected by many local factors, making it a challenge to understand whether China has reached the threshold at which a grid-connected solar PV system supplies electricity to the end user at the same price as grid-supplied power or the price of desulfurized coal electricity, or even lower.

How much does PV cost in China?

In terms of manufacturing, the production cost of PV modules in China has dropped to nearly CNY2 W p−1 (W p, watt-peak) (US$1 = CNY6.23 in 2015, according to The World Bank), and system equipment investment has dropped (as of 2018) to a global leading level of nearly CNY5 W p−1 (ref. 19).

How much solar energy does Chongqing receive?

Chongqing is in the eastern part of the Sichuan Basin and receives on average 107 W m −2 solar radiation 24 with 732 kWh kW p−1 yearly solar energy conversion, from our calculations (Methods). Among all of the provinces, Chongqing has the lowest average solar availability capacity (<100 GW 25).