On November 2, China National Energy Administration (NEA) held a seminar to discuss the result and adjustment of “13th Five-Year Plan” for Solar Energy.
The “13th Five-Year Plan” was released in December 2016, targeting Chinese PV installation to reach 105GW. In fact, the cumulative PV installation in China has reached 165 GW in the end of September 2018, far exceed the target of the 13th Five-Year Plan.
According to the discussion of relevant leaders and participants during the seminar, the goal of “13th Five-Year Plan” need to adjust to at least 210GW to support Chinese PV industry, even more than 250GW, or 270GW.
The Energy Research Institute of the National Development and Reform Commission (NDRC), China Electric Power planning and Engineering Institute(EPPEI) and other institutions will conduct detailed investigations on the adjustment of the “13th Five-Year Plan”, to make a suitable adjustment in the near future.
PV InfoLink Point of View
Even if the installation goal may increase to 210GW, it is still far from enough with the current installed capacity which already surpassed 165GW. The remaining installation will be only about 20-25 GW per year during 2019 – 2020, still not much incentive and support for the Chinese local market demand.
However, if the final decision for the adjustment of “13th Five-Year Plan” PV installation goal has been lifted to 250GW or more, China will return to install 40GW or more per year during 2019 – 2020, makes China local PV market worth looking forward to.