The National Development and Reform Commission (NDRC) is considering cutting its tariff rates for solar projects by between 2% and 4% per year through 2020, the Yicai newspaper reports.

The planning body may also reduce its tariff rates for wind projects by 0.02 yuan to 0.03 yuan/kwh at the end of 2016.

The NDRC’s current FIT for utility-scale solar projects ranges between 0.9