Weekly News Highlights from Polaris Solar Photovoltaic Network (May 5-9, 2025)

On May 9, 2025, the North Star Solar Photovoltaic Network released its weekly news summary for the period from May 5 to May 9, 2025.

Policy Updates

• Shandong Province’s Document No. 136 Implementation Details: The feed-in tariff for existing projects is set at 0.3949 CNY/kWh for market participation starting from June. On May 7, the Shandong Provincial Development and Reform Commission published the draft for the Market-Oriented Reform of New Energy Feed-in Tariffs and the Implementation Rules for Market Pricing of New Energy Mechanisms. According to the draft, existing new energy projects that commence operation before May 31, 2025, will participate in market trading at a mechanism price of 0.3949 CNY/kWh (including tax).
• Yunnan Province: Support for “Highway + Photovoltaics”: On April 29, the Yunnan Provincial Government issued a notice regarding policies to promote the integrated development of highways and photovoltaics. The document states that highway operating units should lead the preparation of construction plans for “Highway + Photovoltaics,” which must be approved by the relevant provincial departments.
• Jiangsu Province: Commercial Users to Implement Off-Peak Electricity Pricing: Recently, Jiangsu’s Development and Reform Commission announced an expanded time-of-use pricing structure for commercial and industrial users. This new structure encourages users to install energy storage systems and manage their energy consumption effectively.
• Inner Mongolia: Encouragement of Long-Term Power Purchase Agreements: On April 28, the Inner Mongolia Energy Bureau issued a notification encouraging the signing of long-term power purchase agreements at prices not lower than the previous year’s cost per kilowatt-hour.
• Hefei High-Tech Zone: Launch of Distributed Photovoltaic Project Subsidy Application: On May 7, the Hefei High-Tech Zone announced the subsidy details for distributed photovoltaic projects, offering up to 100,000 CNY for projects exceeding 5000 m² in installed area.

Recent Developments

• Fujian Province: New Distributed Photovoltaic Capacity: As of March 31, 2025, Dehua County in Fujian Province reported a total of 67.61 MW of additional distributed photovoltaic capacity.
• Jiangxi Province: Project Registration Update: On May 7, the Lake County Development and Reform Commission released information on 18 registered distributed photovoltaic projects with a total installed capacity of 17.00195 MW and an investment of 64.5312 million CNY.
• LONGi Green Energy: Establishment of a New Company: On April 22, Qingdao Shenglong New Energy Co., Ltd. was registered with a capital of 1 million CNY, focusing on photovoltaic energy services.
• Yijun Yaoneng: Phase III Project Launch: On May 7, Yijun Yaoneng held a ceremony for the launch of its Phase III photovoltaic project, which represents a total investment of 10 billion CNY.
• Suzhou Goodway: Acquisition of New Silicon Energy: Recently, Suzhou Goodway announced its acquisition of New Silicon Energy (Suzhou) Co., Ltd. for 11.5 million CNY.
• State Power Investment Corporation: Asset Restructuring: On May 6, the State Power Investment Corporation announced an asset restructuring plan involving its subsidiary Power Investment Energy.
• Panasonic: Closure of Photovoltaic Division: Panasonic recently announced it would cease its photovoltaic and battery storage operations as of April 28.
• Nippon Energy: New Factory in Dubai: Nippon Energy plans to establish a 1 GW photovoltaic module manufacturing facility in Dubai.
• China General Nuclear Power Group: Approval for 40 MW Project: On April 29, Hebei Province approved the land use for a 40 MW photovoltaic project in Yixian.