Fuchuan photovoltaic panel project bidding

Why are solar photovoltaic (PV) tenders becoming more popular?

Protecting the environment and developing the green economy is becoming a focus for businesses and property owners as well as utilities and governments. This is driving an increase in the number of solar photovoltaic (PV) tenders being issued to award contracts for project construction and maintenance.

How many photovoltaic projects in China have faulty monitoring instruments?

Two field-testing engineers from different Chinese project certification companies estimated that 80% of photovoltaic projects in China have faulty or wrongly configured monitoring instruments, which can result in either under- or overstating production estimates in acquisition contracts.

What are the risk factors for photovoltaic project development in China?

China-specific risk factors for photovoltaic project development are identified. High cash flow risk and lack of legal recourse inhibit private sector investment. Opaque public tenders and rent-seeking lead to low field performance. High-level reform attempts fail to gain traction due to vested interests.

Do competitive auction schemes allow emerging markets to procure solar generation?

Bottom Line: When procurement criteria and execution appropriately allocate risks, competitive auction schemes may allow issuers in emerging markets to procure solar generation at true market prices. Table 2: Competitive Procurement Process Design Criteria

What role does private competition play in the solar photovoltaic market?

Private competition currently plays a subordinated role; state-owned or state-controlled enterprises construct, finance and operate 90% of solar photovoltaic capacity . Now, the market is structured to fulfill the policy makers’ requirements rather than providing a healthy market environment.

Are large-scale photovoltaic projects risk borne by institutional investors?

From the perspective of investment risk as borne by institutional investors , large-scale photovoltaic projects remain the primary form of risk exposure in China . China-specific project-level risk factors for large-scale photovoltaic projects are not sufficiently discussed and systematized in the current body of knowledge.