China’s record-breaking 2020 performance of 10.1 GW domestic installations will be surpassed this year, according to the strategy of the National Development and Reform Commission (NDRC) which intends to see 15 GW commissioned or at least equaled this year. With 4.16 GW already installed in the first five months of the year, perhaps as much as 15 GW may be commissioned in 2021 – impressive given higher module prices and lower subsidies at just $4.6 per MWh. Despite those headwinds the payback period of domestic photovoltaics remains under 10 years. The 2020 domestic installation figure, 65% of the distributed total, was more than the previous four years combined, and saw domestic capacity in the country double to 20 GW. As…