{"id":2643,"date":"2019-03-10T18:51:10","date_gmt":"2019-03-10T18:51:10","guid":{"rendered":"http:\/\/euromenaenergy.com\/?p=2643"},"modified":"2019-03-10T18:51:10","modified_gmt":"2019-03-10T18:51:10","slug":"china-plans-to-sustain-solar-growth-with-its-new-policy","status":"publish","type":"post","link":"https:\/\/emimer.com\/?p=2643","title":{"rendered":"\u2018China plans to sustain solar growth with its new policy\u2019"},"content":{"rendered":"<div class=\"subtitel col-lg-12\">\n<p>Bloomberg\/Beijing<\/p>\n<\/div>\n<p>China\u2019s plans to loosen its solar subsidy policy will keep growth of the world\u2019s largest market intact, according to the head of JinkoSolar Holding Co, which is increasing production capacity by as much as 20% this year.<br \/>\nInstallations will probably maintain at about 40 gigawatts, close to the levels last year, Chen Kangping, chief executive officer of the world\u2019s largest panel maker, said in an interview in Beijing. China\u2019s main industry group said last month the country is planning more supportive policies, which include resuming quotas for some utility-scale projects.<br \/>\nThe views from Chen suggest a brighter outlook for global solar companies reeling from Beijing\u2019s abrupt decision in the middle of 2018 to halt approvals for some projects and reduce subsidies as part of efforts to curb overcapacity.<br \/>\nThe move caused China\u2019s solar additions to tumble last year from a record 53 gigawatts in 2017 and spurred predictions in January installations may fall a second year.<br \/>\n\u201cThe changes would reflect a maturing of China\u2019s solar policy as regulators take more factors into consideration,\u201d Chen said Wednesday on the sidelines of the nation\u2019s annual parliamentary meeting. \u201cIt will help to stabilise the industry and market development.\u201d<br \/>\nWith the new plan, China Photovoltaic Industry Association said installations could climb in 2019 from 44 gigawatts last year. Citigroup Inc forecast capacity additions of 42 gigawatts, with a potential for a rise to 50 gigawatts.<br \/>\nJinkoSolar will raise panel capacity by 10% to 20% this year from 10.8 gigawatts last year.<br \/>\nExpansion will be in products with more advanced technology and command higher prices, according to Chen.<br \/>\nThe supplier will be \u201ccautious\u201d with the rampups, weighing that against sales growth, with output already fully booked for the first half of the year, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg\/Beijing China\u2019s plans to loosen its solar subsidy policy will keep growth of the world\u2019s largest market intact, according to the head of JinkoSolar Holding Co, which is increasing production capacity by&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[46,48,57,90,96,107,113,137,139,160,174,183,184,201,202,209,230,232,233,244,246,249,256,267,277,279,288],"class_list":["post-2643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-aramco","tag-athens","tag-baroudi","tag-democracy","tag-doha","tag-embargo","tag-energy-peace","tag-gas","tag-gazprom","tag-international-maritime-disputes","tag-lebanon","tag-maritime-boundaries-east-mediterranean","tag-maritime-disputes","tag-offshore","tag-oil","tag-opec","tag-poverty-alleviation","tag-putin","tag-qatar","tag-rosneft","tag-roudi","tag-russia","tag-saudi","tag-straddling-hydrocarbons-reserves","tag-total","tag-trump","tag-usa"],"_links":{"self":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/2643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2643"}],"version-history":[{"count":0,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/2643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/media\/2666"}],"wp:attachment":[{"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}