Jiangsu province has been considering providing subsidies for BIPV solar projects,according to China-based media outlet,Solar-PV.This subsidy may help China's domestic solar industry weather the storm and promote BIPVs.
According to the report,the feed-in-tariff(FIT)provided by the province in 2012 is CNY1.3/kWh(US$0.21/kWh).Out of the CNY1.3/kWh,the federal government provides CNY1/kWh and the local government provides CNY0.3/kWh.The provincial subsidy of CNY0.3/kWh will decrease by 10%per year in the future.The fall seems to be quite significant,but compared to the price fall of solar products,the subsidies are still profitable,said the report.
Source:
http://www.digitimes.com/news/a20120517VL201.html
