Renewable Energy World
The Chinese wind market continued to power ahead during the first half of 2016. According to the Chinese Wind Energy Association’s unofficial estimate, H1 installations were 9-10 GW, which indicates that this year’s total should be over 20 GW again.
Installations are driven by the pressure of the next downward adjustment of the feed-in tariff, which is expected to come into force in January 2018. Talks about the 2018 tariff adjustment have been going on for a long time, and the Chinese National Energy Administration (NEA) released a draft decree just one day before China’s Golden Week on Sept. 29. The draft NEA decree on “Lowering down of tariff of Renewable Energy” affects the renewable energy sector as a whole; tariffs for solar PV and for both onshore and offshore wind were all touched upon.
The most discussed are the tariffs for offshore wind and solar PV. The onshore wind tariff adjustment did not change from previous drafts, which have already been circulated.