China’s first ever competitive onshore wind allocation process produced a price drop of about 10% from the previous feed-in tariff rate – but still well above the grid-parity the Chinese government is pitching for.
Ningxia, a province in China’s windy north, awarded 1.97GW to 20 projects at an average price of 440 yuan/MWh ($63.8/MWh) – a 10% discount on the feed-in tariff of 490 yuan/MWh that previously applied.
