Market Insight

China cuts support for solar PV and sends the supply chain into oversupply in H2 2018

June 05, 2018  | Subscribers Only

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On 31st May 2018, immediately following the SNEC PV Power Expo in Shanghai, China’s National Development and Reform Commission (NDRC), Ministry of Finance (MOF), and National Energy Administration (NEA) jointly published the “2018 Solar PV Generation Notice”. This notice revealed major changes to the support framework for PV in China and will drastically impact the outlook for PV in China, with immediate consequences for the global supply chain.

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