Industry insiders told the China Securities Journal on the 2nd that the "12th Five-Year Plan for Renewable Energy Development" has been submitted to the State Council for approval. The total installed capacity of the “Twelfth Five-Year Plan” photovoltaic power generation has been significantly raised to 10 GW, double the target in the first draft of the plan. The plan will eventually be introduced along with the “Twelfth Five-Year Plan for Energy Development”. Before the “Twelfth Five-Year Plan” is submitted to the State Council, the relevant departments will conduct multiple rounds of consultation and consultation on the specific contents of each plan. The industry believes that once the "12th Five-Year Plan" renewable energy development plan is reported to the State Council, the total target of 10 GW of photovoltaic power generation in the plan will be basically determined. Earlier, Li Junfeng, deputy director of the Energy Development Institute of the National Development and Reform Commission, said that by 2015, the total installed capacity of domestic photovoltaic power generation will be significantly increased to 10 GW. More than 95% of China's PV products are sold overseas, which is vulnerable to the PV subsidy policy of major importing countries. For example, due to the recent adjustment of the Italian PV subsidy policy, which is the main importer of PV products, the domestic PV market has a passive situation of high inventory, low shipments and low prices. Therefore, as soon as possible through the support policy to accelerate the development of the domestic photovoltaic power generation market has become the industry consensus. The industry believes that once the target of the “12th Five-Year” photovoltaic power generation capacity is determined, the National Energy Administration can determine the scale of the PV concession bidding in the next five years, and select the domestic photovoltaic power generation market according to the industry and market development. The timing of introducing a fixed tariff policy. Since the domestic PV market currently relies mainly on policy guidance, the total installed capacity of the “12th Five-Year” photovoltaic power generation is directly related to related industries and enterprises for upstream polysilicon, downstream PV modules and inverters. And the market size of the product. Industry insiders expect that by the end of the "Twelfth Five-Year Plan", the possibility that the total installed capacity of domestic photovoltaic power generation exceeds the target of 10 GW is still very large. China Securities Journal reporter also learned that in the second half of the year, the National Energy Administration will start the third round of PV concession bidding, the scale of the tender is expected to be 500 MW-1000 MW.

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