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GSR 2015

154 REFERENCE TABLES 2014 FIT RATE ADJUSTMENTS Bulgaria Hydropower: Reduced 5% Solar PV: Reduced 28% Wind: Reduced 22% China Solar PV: Reduced 10% Offshore wind: USD 0.12 / kWh (RMB 0.75–0.85 / kWh)4 [New] Onshore wind: Reduced by USD 0.003–0.006 / kWh (RMB 0.02–0.04 / kWh) Crimea Wind and solar power: Reduced to USD 0.09 / kWh Denmark Wind (<10 kW): USD 0.4 / kWh (EUR 0.33 / kWh) [New] Wind (10 kW–25 kW): USD 0.24 / kWh (EUR 0.2 / kWh) [New] Germany Solar PV: 1% per month reduction Wind: 1.5% annual rate reduction Greece Solar PV: Reduced from USD 209 / MWh (EUR 171.9 / MWh) to USD 115.4 / MWh (EUR 95 / MWh) Japan Solar PV: Reduced 19% to USD 0.24 / kWh (JPY 29 / kWh) Kazakhstan Solar PV: USD 0.176 / kWh [New] Wind: USD 0.115 / kWh [New] Malta Solar PV (<40 kW): May 1–October 31 USD 0.2 / kWh (EUR 0.165 / kWh); November 1–April 30 USD 0.19 / kWh (EUR 0.155 / kWh) Solar PV (> 40 kW): May 1–October 31 USD 0.19 / kWh (EUR 0.16 / kWh); November 1–April 30 USD 0.18 / kWh (EUR 0.15 / kWh) Philippines Biomass: Reduced to USD 0.15 / kWh (PHP 6.63 / kWh) Run-of-river hydro: Reduced to USD 0.13 / kWh (PHP 5.9 / kWh) Solar: Reduced to USD 0.22 / kWh (PHP 9.68 / kWh) Wind: Reduced to USD 0.19 / kWh (PHP 8.53 / kWh) Poland Wind (<3 kW): USD 0.21 / kWh (EUR 0.17 / kWh) [New] Wind (3–10 kW): USD 0.18 / kWh (EUR 0.15 / kWh) [New] Russia Non-technology specific: Revised FIT to institute a reduction of more than 50% if failing to meet 70% domestic content requirement Switzerland Solar PV (up to 29.9 kW): Reduced 23% Solar PV (30 kW to 1 MW): Reduced 18% Solar PV (> 1 MW): Reduced 12% U.S. Virgin Islands Solar PV: 0.26 USD / kWh [New] Vietnam Waste-to-energy: Rates more than 25% higher than those allocated to wind projects [New] TABLE R16. CUMULATIVE NUMBER OF COUNTRIES / STATES / PROVINCES ENACTING FEED-IN POLICIES, AND 2014 POLICY REVISIONS (continued) 4 All currencies are converted to USD with exchange rates of 31 December 2014, using http://www.oanda.com/currency/converter/. Source: See Endnote 16 for this section. BACK

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