Gushan Solar Power Subsidy

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4 FAQs about Gushan Solar Power Subsidy

How will China's solar subsidies affect the solar industry?

The reduction in subsidies could place additional strain on China's solar industry, which is already grappling with overcapacity and plummeting panel prices that threaten the viability of smaller manufacturers.

How can subsidies help the solar panel industry?

The current state of the solar panel industry offers a good illustration of how subsidies can contribute to fuelling continued investment in production capacity irrespective of market conditions.

Why is there an implicit subsidy for PV and wind power?

A corresponding example is that in the spot market, electricity prices tend to be lower when there is more PV and wind power production. Therefore, there is still an implicit subsidy for PV and wind. Future policies should consider eliminating implicit price subsidies and promoting the growth of renewable energy through tax incentives. 5.2.

Does China have a strong solar supply chain?

Concentration of manufacturing capabilities in China along the entire supply chain raises concerns around value chain resilience as well as economic and energy security. China's lead has expanded gradually to all segments of the solar value chain, from solar-grade polysilicon to modules.

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