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Chinese solar market recovers on feed-in tariff auction outcome

News out of China last week, mostly interpreted by the local Asia Europe Clean Energy Advisory group (AECEA), is that China will order more solar than expected during 2019. This is likely to still represent a fall of something close to 5% from last year, but the way this has happened does not mean that future years will be similar. As we have said in the past, the first half up to May the Chinese National Energy Administration was really trying to get as much solar to come in at unsubsidized rates, and so left subsidies until later. Fresh subsidized auctions have now been completed around a feed-in tariff averaging $0.048 per kWh, which should lead to some 22.8 GW…

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