Featured in The hunt for high efficiency – 06-2025

China’s new pricing policy

China announced new regulations this year that should result in a more market-oriented approach to renewables deployment. S&P Global Commodity Insights analysts Holly Hu and Anqi Shi say the new regulation No. 136 will play a crucial role in shaping China’s renewable energy sector, while introducing revenue uncertainties that will have a ripple effect on the global cleantech supply chain.
By
pv magazine
Data: S&P Global Commodity Insights Chart: pv magazine/Harald Schütt

In February 2025, China introduced a new policy aimed at steering the renewable energy market toward market-driven competition. Before the policy known as No. 136 was introduced, most renewable energy projects benefited from a fixed-price contract paid in line with the coal-fired power price. Deployment was rapid.China’s renewable energy capacity was approximately 1,410 GW at the …

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