- Aug 22, 2019 4:28 am GMT
- 555 views
Here's the study, if you'd like to read it. The authors analyzed net costs and net profits for building and operating a distributed solar PV project over its lifetime. The costs considered included total project investments, electricity outputs and trading prices in 344 prefecture-level Chinese cities. They found that all these cities can achieve solar PV prices lower than grid-supplied prices without subsidies. The authors have also criticized the Chinese state's propensity to emphasize scale over quality in its efforts to accelerate solar, writing that this approach resulted in redundant capacity and overconstruction.
Jenny Chase, from Bloomberg BNEF, says that this is "old news". Solar panels in China have an average lifespan of eight years as compared to two decades for the rest of the world, she said. "Grid parity solar is never as popular as subsidised solar, and ironically you don’t generally have a rush to build grid parity solar because you may as well wait until next year and get cheaper solar," she said. According to her, the Chinese government's policy measures for low feed-in measures are a much more exciting development since it would lead to low-risk projects.