NEA

The last day for the players to submit their bids is February 26, 2023. The notification additionally stated that those projects that will be chosen will be granted 25 year power purchasing agreements (PPAs).

To fulfill its climate targets, China-- the world's biggest greenhouse gas emitter-- is preparing policies that will enable the "green and low-carbon change" of its energy system, which has typically been dominated by coal. Beijing aims to bring complete wind and also solar capacity to 1,200 gigawatts (GW) by the end of 2030, almost double the current level, and also will gradually phase down fossil fuel use in a bid to become carbon neutral by around 2060.

Distributed PV setups in China covered 29GW last year, contributing over half of total solar installments in the country for the very first time.

China's power planning agency the National Energy Administration (NEA) has actually required frequently regular monthly updates on new renewable resource projects from energy companies in the nation.

According to official figures released by China’s National Energy Administration, new solar capacity installations in the third quarter of 2019 slumped to only 4.6GW under new support mechanisms that were implemented mid-year.

The state-owned China News Service today reported almost $80 million is left in the pot for large scale project subsidies this year despite almost 420 facilities with a combined generation capacity of 1.77 GW having missed out in the auction.

Last week the Chinese National Energy Administration (NEA) revealed the winners of its feed-in tariff (FiT) auction.