China solar panel makers await new policy

As overseas markets get tougher, Chinese solar panel companies are expecting new policies from the government.

The hope is that China's Development and Reform Commission will announce higher subsidies for power generated by the end of June. Meanwhile, the planning agency may also stop a four-year-long subsidy program in photoelectricity generation and shift its support to distributed power generation and microgrids generation. Local governments such as Jiangxi Province are starting incentive projects to encourage household installation of solar panels.