What are China's investment guidelines for solar PV projects?

BEIJING, Nov 20 (Reuters) - China's industry ministry on Wednesday finalised investment guidelines for solar photovoltaic (PV) manufacturing projects in an effort to rein in overcapacity, according to a notice on the ministry website. The guidelines direct companies to ensure a minimum capital ratio of 30% for solar PV projects.

How did China's photovoltaic industry perform in the first half of 2024?

China’s MIIT has reported substantial growth in the country’s photovoltaic (PV) industry for the first half of 2024. Production in key segments – polysilicon, wafers, cells, and modules – rose by more than 30% year on year. Polysilicon output jumped 74.9% to 1.06 million tons, while wafer production increased 58.6% to 402 GW, with 38.3 GW exported.

Which solar PV modules are eligible for enlistment under almm?

According to the latest guidelines, only Solar PV Module models that comply with the Bureau of Indian Standards (BIS) and demonstrate a minimum module efficiency are eligible for enlistment under ALMM. The specified minimum module efficiency varies based on the application or use category, as follows:

How can I check if a solar PV module is BIS certified?

Additional information, such as BIS certification validity, included models, and more, can be verified on the BIS website. This update aims to enhance the quality and efficiency standards of Solar PV Modules, aligning with the government’s commitment to promoting sustainable and reliable renewable energy sources.

Are solar PV manufacturing processes suitable for a net-zero transition?

A simplified analysis concludes on the suitability of the PV manufacturing process today and indicates the opportunities for the net-zero transition in the future. While the focus is on the carbon impacts of the solar PV industry, the authors also identify other relevant aspects (such as circularity), laying the ground for a future research.

Is Europe a global leader in PV Manufacturing?

While Europe is a pioneer in the definition of new policy requirements to ensure the circularity and sustainability of PV products, its manufacturing capabilities are limited. The EU mostly imports PV modules from China, which for the last decade has remained the global leader in PV manufacturing across the supply chain.