May 6, media reported that a few days ago, the Ministry of Finance to the provinces under the Department of Finance issued the "Ministry of Finance on the liquidation of the Golden Sun Demonstration Project financial grants," which called on the 2009-2011 Golden Sun project has been completed and The grid project subsidy standards liquidation cancel the demonstration project is not completed in time or power to recover funds set aside. Stipulated by the Ministry of Finance audit deadline of June 30 this year, the specific criteria under the Golden Sun Batch different.

Ministry of Finance notified as follows: ,2009-2011 demonstration project completed in accordance with the required deadline and acceptance test upon completion and final accounts, and power generation, according to the corresponding subsidy be liquidated. ,2009-2011 demonstration project is not completed within the prescribed period, cancel the demonstration, to recover the funds set aside. ,2009-2011 demonstration projects completed within the prescribed period, but not in time for the completion and acceptance of the accounts, or the grid, project recovery funds set aside,

Among them: the first, demonstration projects in 2009 and 2010 was completed within the prescribed period, the audit has not yet completed but in the June 30, 2012 to complete the final acceptance and final accounts, or you're done with the completion and acceptance of accounts, but not the grid polycrystalline solar panels power generation, can be completed by June 30, 2013 and grid generation, audit handling of clearing. Although completion of the project June 30, 2012, final acceptance and final program is not completed or not yet the grid on June 30, 2013, to cancel the demonstration eligibility to apply for liquidation.

2011 demonstration projects have been completed in the June 30, 2012, final acceptance and final accounts and other related procedures but not to the grid, can be completed by June 30, 2013 and network operation generating procedures and go through the liquidation of assets; 2013 June 30 has not yet grid-run power generation projects, cancel the demonstration eligibility to apply for the liquidation of assets. Demonstration disqualification projects such as the continued implementation of distributed photovoltaic power subsidy policy, according to the relevant regulations of the State enjoy.

Due to lower-than-expected global PV Photovoltaic Panels installed capacity in 2012, the photovoltaic business capital chain tight, photovoltaic international trade protectionism, the Chinese PV companies suffered serious losses, the photovoltaic companies listed at home and abroad in the fiscal year 2012 almost all of the deficit. Countries to ease the domestic enterprises to survive the pressure has up to 4.54GW Golden Sun projects approved in 2012. Golden Sun Project does not really solve or alleviate the capacity crisis of the Chinese PV companies. It is said that feel the pressure of the Ministry of Finance to rectify the failure for various reasons had completed Golden Sun Project has launched an emergency and grab fashions, the second quarter of PV installed capacity will be ascribed.