"Tianlong Babu" Saves Photovoltaics

"Tianlong Babu" Saves Photovoltaics The long-standing supportive policies for the photovoltaic industry have finally come into focus. Recently, the National Development and Reform Commission released a document indicating that the solar photovoltaic sector will be prioritized in bond issuance and approval processes. This move is expected to address some of the most pressing challenges facing the industry. Meanwhile, reports suggest that the price of crystalline silicon photovoltaic modules has risen in European countries for the first time in four years, signaling a potential turnaround. Industry experts are optimistic, noting that positive developments are emerging, suggesting that the photovoltaic sector may be on the verge of a breakthrough. The term "Tianlong Babu" has become synonymous with hope for the solar energy sector. According to recent media coverage, key ministries are preparing to roll out comprehensive policy support for the industry. These measures are believed to align with the State Council's early-year directive, aiming to collectively revitalize the domestic photovoltaic market. The recent bankruptcy and reorganization of Suntech have provided a new opportunity for such interventions. From previous reports, several key policy initiatives are under consideration: 1) The National Energy Administration is finalizing details for the "Distributed PV Demonstration Zone" project. 2) The National Development and Reform Commission is working on a revised photovoltaic power pricing system, including photovoltaic energy in energy-saving assessments. 3) The Ministry of Finance is planning reforms to the electricity subsidy mechanism and adjusting the Gold Sun program. 4) The Ministry of Industry and Information Technology is setting stricter standards for the photovoltaic industry. 5) The Ministry of Commerce is focusing on anti-dumping measures and responding to foreign trade policies, along with export tax rebate adjustments. 6) The State Administration of Taxation is considering favorable tax policies for photovoltaic companies and power stations. 7) The Ministry of Housing and Urban-Rural Development is pushing for mandatory photovoltaic applications in utility projects. 8) State Grid and Southern Grid are revising grid connection rules, electricity metering procedures, and subsidy mechanisms. We believe that these strong policy measures will significantly boost the domestic photovoltaic market. Companies involved in downstream power station development, such as Hairun Solar, Zhongli Science and Technology, Aerospace Machinery and Electronics, and Sunshine Power, are well-positioned to benefit from this shift. Investors are advised to closely monitor these developments as the sector looks set for a major transformation.

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