By Robin Sayles
China is to complete its first batch of 20 CSP projects by 2018, representing a total capacity of 1.4 GW, China’s National Energy Administration (NEA) said September 14.
The projects, which include nine solar towers, seven parabolic trough plants and four Linear Fresnel plants, will receive a Feed-in-Tariff (FiT) of 1.15 yuan per kWh ($0.22/kWh).
The cost of materials and labor in China could be 30% lower than in other markets, Wei Zhu, chief executive of Thermal Focus, a Shanghai-based provider of solar tracking systems, told CSP Today.
Read more here:: http://social.csptoday.com/markets/china-csp-projects-pitch-supply-chain-gains-against-local-weather-risks
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