According to several sources interviewed for this study, project developers in China bid in large-scale PV project tenders for as low as 1.14 USD per Watt installed since 2012. This price point is well below the Q1 2014 U.S. average of 1.88 USD per Watt .
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.
Grand Sunergy Secures the Largest HJT Offshore Photovoltaic Project in China - Grand Sunergy Embarking on a New Era of Offshore Photovoltaics! Grand Sunergy Secures the Largest HJT Offshore Photovoltaic Project 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.
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.
Upon further investigation, participants stated that the handling of individual PV modules especially was a major problem. Inadequate module handling starts with the inadequate unprotected loading on truck beds, unloading by dumping modules on the ground, and storage in wet and muddy conditions.
