Solar industry expected to become subsidy-free by 2021

Industry insiders believe China's solar industry will become subsidy-free in a few years as the country tries to revitalize its photovoltaic sector after the government announced a plan to scale back its central subsidy system last year.

China's solar industry is expected to transition toward a subsidy-free market as early as 2021, said a new analysis of China's solar industry published by Asia Europe Clean Energy (Solar) Advisory.

The Chinese government has outlined a series of policies this year, looking to remove the hurdles that have been preventing the escalation of subsidy-free photovoltaic projects in the world's biggest solar power market.