Wang You, after seeing the development of the solar PV on-grid price policy launched by the Development and Reform Commission yesterday, Mr. Liang Liang, senior manager of Shanghai Juheng Solar Energy Co., Ltd. was both amazed and excited. “The electricity price is justified. Some of our power station projects can be discussed in depth.”

The National Development and Reform Commission announced yesterday that it will implement two types of electricity prices, namely, 1 yuan/kWh and 1.15 yuan/kWh for the national PV power plant project this year. A number of photovoltaic industry insiders said in an interview with the "First Financial Daily" that this marked the official opening of China's photovoltaic industry, and this year, China may increase its installed capacity of at least 500 MW to at least 1.5 Gw this year.

The company or the realization of meager profits. A high-level analysis of the Central Engineering Co., Ltd., according to the current construction cost of 15 yuan to 16 yuan per watt, the price of 1.15 yuan in Gansu, Qinghai, Xinjiang can achieve about 8% of the internal rate of return, capital The return rate is more than 10%.

Chang Jiang Securities researcher Zou Ge also said that due to long sunshine hours and good on-grid tariffs, the internal rate of return in Lhasa and other places will be around 15%. Analysts in a photovoltaic consulting organization also stated that in the next stage, it is estimated that many investors will preemptively install the 1.15 yuan/kWh electricity price project. After all, the electricity price may be lower next year, and companies need to guarantee their prices through grab-up this year. Higher yields.

Looking at the price of 1 yuan/kWh, some power plant investors can achieve low profit if they can get cheaper battery components, inverters and other products. After all, the components account for about 50% of the cost of the entire photovoltaic project.

The management of a photovoltaic company in Jiangxi explained to reporters that according to the policy, the national benchmark price of 1 yuan/kWh will be implemented after July 1st, which may be profitable in Qinghai, and it is likely to lose money in Shandong and Jiangsu. “Qinghai belongs to a category of regions, with photovoltaic resources (per square centimeter per year, per year) of 150 kcal; Jinan is richer regions, photovoltaic resources is 130 kcal, Jiangsu is 110 to 130 kcal, and Chengdu and Guizhou are less than 110 thousand. card."

“If the local government of some coastal cities is given a subsidy of 0.2 yuan in addition to one yuan, there may also be investors willing to invest in power plants in these areas,” said the senior executive of Central Photovoltaic.

How the local government cooperates with the new policy, the on-grid PV power price is higher than the benchmark price of the local coal-fired unit, which can be digested by the electricity addition and renewable energy quota transactions that are imposed.

According to the aforementioned high-level engineering project, this also means that the cost of local finances is not high. “The state places 2 cents of the electricity price per household in a renewable energy market. Previously, this ** mainly subsidized wind power and biomass power generation, and the share of photovoltaics is not high. Now, it may be necessary. Move out some funds to support photovoltaic power generation."

Zou Ge believes that according to the new policy, it is estimated that from 2011 to 2013, the required subsidies for PV will be between 2 billion and 7 billion yuan. National finances are estimated to account for the majority, and local government expenditures will not be particularly high.

Mr. Leung said that he had learned that in some areas of Xinjiang, the cost of land used by power plant investors to pay is very low. "Some photovoltaic power generation equipment bought by investors may also be deducted from VAT, and the investment cost of power plants for enterprises is not particularly high."

The New Deal opened the domestic market An analyst at Shanghai Securities also told reporters that although China had already introduced a number of photovoltaic policies such as Golden Sun and concession bidding, the on-grid tariff policy was the largest. Many photovoltaic companies also believe that although not all projects can be profitable, but also can stimulate the construction of domestic photovoltaic power plant boom, estimated this year will jump from the 500 MW installation directly to 1.5G watts installed capacity last year.

According to a senior executive of GCL-Poly, from the perspective of this year's situation, even if the domestic installation volume is quadrupled, the pull on the global PV market will not be particularly large because last year's global installation volume has been as high as about 15Gw. This year may be the same as last year, remaining above 15G watts. If China has installed 1.5G watts, it will only account for 10% of the global market. In the long run, however, the domestic photovoltaic industry will show a healthy growth in the next few years. Of course, photovoltaic power prices will gradually decline.