Qi Baofang called for the reduction of photovoltaic power prices to “small step run” and increased PV “going out” funding support

  Yan Baofang, deputy of the National People's Congress and chairman of Jinglong Industrial Group, believes that China's PV industry still has problems such as weak grid consumption capacity, weak demand-side acceptance capability, and large reduction in benchmark electricity prices. It should accelerate the development of electricity reform and electricity marketization. And give preferential subsidies and electricity price policies, and increase financial support for PV companies to “go global”.
Qi Baofang suggested strengthening the reform of the power supply side, accelerating the marketization of electricity, and giving priority to the development of new energy power generation projects. At the same time, to solve the problem of new energy consumption such as photovoltaics, it is necessary to strengthen the construction of power grid infrastructure, optimize the power grid structure, and accelerate the construction of UHV transmission to enhance the power output capacity of China's central and eastern regions and neighboring countries in areas rich in traditional energy and new energy resources. At the same time, encourage diversified PV applications and enhance the application of new energy sources such as photovoltaics in regional smart microgrids.
In terms of policy, Qi Baofang called for a “soft landing” to reduce the price of photovoltaic electricity, and to reduce the price of photovoltaic electricity in a “small step” manner. At the same time, continue to increase the surcharge standard for renewable energy tariffs.
In addition, Qi Baofang believes that in order to solve the problem of diversification of overseas investment in the photovoltaic industry and fully control the risk of overseas investment, the government should increase the “going out” funding policy support for PV companies. The photovoltaic industry will be prioritized in the project supported by the Sino-foreign capacity cooperation, and provide financial incentives and tax incentives for PV companies; increase credit support for overseas investment in the PV industry and establish a national “going out” investment and financing integrated service platform.

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