Local policies could drive China to 2015 PV target: IHS

Posted by sanny111 on March 12th, 2015

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Local solar policies could offer China with the required momentum to hit national deployment targets this year right after the nation missed its ambitious 2014 objectives, based on analyst firm IHS.China’s National Power Administration (NEA) is eyeing 15GW of solar this year with 7GW of distributed solar of which 3.15GW would be ground-mounted.Ash Sharma, IHS said the market was properly in a position to reach 15GW.“Overall, these targets look fairly reasonable, and close adequate to our forecast - 15GW, such as four.1GW from building-mount applications,” he told PV Tech in an emailed statement.

“To achieve 15GW, the government only needs to keep present incentives and release the long-expected renewable portfolio standard (RPS) policy. Announcements about national feed-in tariff (Match) reduction plans as well as the release of much more nearby incentives will likely be more drivers of growth.”The China Every day newspaper reported final month that the RPS was awaiting approval by the State Council and is expected to be released within the first quarter of 2015.In terms of 2014 deployment, Sharma warned that figures in the NEA should not be deemed final. The NEA mentioned grid connections totalling 10.5GW had been carried out in 2014.

Though it may not be far off the mark, Sharma said that the official figure isn't but final.He said that also towards the grid connection information, “the NEA also released a non-public notice to all provinces and asked them to check how much exactly was connected in 2014, simply because their statistics usually do not match with numbers from grid firms.“These getting mentioned, IHS tracks PV installations in MWdc, instead of grid connections typically, in MWac, that will result in difference in each timing and MW values. IHS’ most recent estimate for China installations in 2014 was about 12-12.five GW, equivalent to 10GWac,” Sharma added.

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