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Pinghu City in China has officially issued a subsidy policy to provide a one-time subsidy of 0.2 yuan/watt for replacement of PV modules in PV power stations
2025-02-23

On January 15, 2025, the Pinghu Municipal Development and Reform Bureau and the Pinghu Municipal Finance Bureau issued the "Supplementary Opinions on Several Policy Opinions (Trial) on Promoting the Green and Low-carbon Development of Energy in Pinghu City", encouraging the renewal of distributed photovoltaic equipment. The polivy supports the renewal of PV modules in PV stations with a grid-connected capacity of 1 MW or more and PV stations for more than 10 years, a conversion efficiency of less than 18%, or a single chip power of more than 250 watts. After the renewal is completed and approved, a one-time subsidy of 0.2 yuan/watt will be given according to the updated capacity. This will be implemented from January 1, 2025, and the policy will be valid for three years.

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The full text of the policy is as follows:

Supplementary Opinions on Several Policy Opinions (Trial) on Promoting Green and Low-carbon Energy Development in Pinghu City

Pingfa Gai Nengyuan [2024] No. 41

All towns and sub-districts, Pinghu Economic and Technological Development Zone, Dushan Port Economic Development Zone, relevant departments of municipal agencies, and relevant municipal units:

In order to accelerate the green and low-carbon development of energy, the Municipal Development and Reform Bureau and the Finance Bureau jointly issued the "Several Policy Opinions on Promoting the Green and Low-Carbon Development of Energy in Pinghu City (Trial)" (Ping Development and Reform Energy [2023] No. 30). Now, based on the actual situation, the following supplementary opinions are put forward:

1. For new photovoltaic power generation projects on industrial and commercial roofs or public buildings that apply for power generation subsidies, the application conditions are adjusted to a single project with an installed capacity of 1 MW or more and grid-connected operation for one year, and the subsidy standard is adjusted to a one-time subsidy of 0.1 yuan/watt based on installed capacity.

2. For community residents' concentrated and contiguous distributed rooftop photovoltaic power generation projects that apply for installation subsidies, the contiguous installed capacity of a single project must be 100 kilowatts or more, and the subsidy standard will be adjusted to 0.5 yuan/watt based on installed capacity. No subsidies will be given to photovoltaic projects that rent residents' roofs.

3. Encourage the renewal of distributed photovoltaic equipment. Support the renewal of PV stations with a grid-connected capacity of 1 MW or more and a history of more than 10 years, a conversion efficiency of less than 18%, or a single chip power of more than 250 watts. After the technical renovation is completed and approved, a one-time subsidy of 0.2 yuan/watt will be given according to the renewal capacity.

4. Projects applying for subsidies for investment in new energy storage equipment must have been in normal operation for more than one year and be under the unified management and regulation of the Municipal Load Management Center during peak electricity consumption periods. Demonstration photovoltaic storage and charging integrated projects approved by the Joint Review will be subsidized in accordance with new energy storage projects.

This supplementary opinion shall come into effect on January 1, 2025, and the project will be valid for three years.

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