Parity project first, after the subsidy program
'draft', presented in 2019 will be the first to determine a number of years can start wind, light parity project, established in 2019 the first batch of argumentation and parity list before, each region will not enter the organization need to state subsidies the competition project configuration, competing with policy will be issued separately; Asked about province ( Autonomous regions and municipalities) Development and reform commission (NDRC) before 25 April to submit the project list, the first batch of parity, does not have the construction of parity project provinces ( Autonomous regions and municipalities) Report on May 31 subsidy program distribution scheme. Priority project aims to implement parity, we think, fully stimulate parity pv market potential, on the other hand also to avoid the parity projects with subsidies for pressure; In view of the current China's wind power, photovoltaic (pv) has yet to reach full parity, a subsidy program big probability will continue to execute, relevant policy is expected to have a certain delay, but should be released no later than May 31, the project is still expected to be in the second half of 2019 to start construction.
reiterated parity preferential policies to encourage voluntary parity
'draft' reiterated parity project will receive no less than 20 years required to buy insurance. While encouraging 2018 the year before last year and approved project voluntarily parity, commitment to voluntary parity project according to the priority level configuration is given. Since 2018, we think, wind power, photovoltaic ghost electricity rate is still 7% and 3% respectively, the northwest electric rate is relatively higher, at the same time there is access to the Internet to sell 'ensuring no valuation', the corresponding preferential policies parity (PPP) project is expected to get comparative advantage, to promote parity positive declaration of the project.
clear parity supporting measures to carry out the time limit, intensity of strength or as the original subsidies
'draft' at the beginning of this policy, on the basis of further put forward a number of parity of form a complete set of policies and measures to carry out the main body and the time limit to complete, including: parity project long-term purchase and sale contracts, priority, LuZheng mechanism and credit transmission power generation right transaction fees and cross subsidy, the way such as a full valuation purchase power parity project, requirements on June 30, 2019 completed by the principal in the implementation of the related; Also states that the competent department of energy and power grid companies continue to promote reduce non-technical cost, power grid to undertake joint network engineering investment and method of research. We believe the above time limit and the parity of supporting measures such as the implementation in line with expectations, will bring wind and pv projects especially parity income increases, its strength or as the original strength of subsidies, and long-term sustainable, conducive to sustained and healthy development of the wind, light industry.
recommendation for investment continue to focus on the industrial chain quality mark: longji shares, stock, jing sheng mechanical and electrical, central, eastern, rise, sun power, goldwind science and technology, etc.
risk warning time
policy and execution effect or not exceeding the expectation '; The wind, light industrial chain price decline, or more than expected. , solar grid, solar power grid, solar energy, solar energy portal, solar energy