China is unlikely to introduce a fixed tariff regime for solar power supplied to the grid in the near future, the Shanghai Securities Journal reported Thursday, citing a senior energy official.
China is unlikely to introduce a fixed tariff regime for solar power supplied to the grid in the near future, the Shanghai Securities Journal reported Thursday, citing a senior energy official.

Solar utility projects are still very costly, so tariffs to be offered to project operators still need to go through a bidding process, Shi Lishan, a vice director with National Energy Administration's renewable energy department, said in the report.

Industry participants have been expecting a fixed solar power tariff system--which would buffer investment risks for solar projects--to be introduced soon after a wind power system, launched in July.

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