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China CSP projects pitch supply chain gains against local weather risks

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By Robin Sayles

Précis:
China’s first utility-scale CSP plants will lower development costs using domestic supply but extreme weather conditions in high-DNI areas could offset savings, industry experts told CSP Today.

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.

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Read more here:: http://social.csptoday.com/markets/china-csp-projects-pitch-supply-chain-gains-against-local-weather-risks

      

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