Results of state subsidy bidding for PV power generation projects in 2019 unveiled earlier this month included 3,921 projects with a total installed capacity of about 22.79 million kilowatts.
About 870,000 kilowatts of bid-winning projects have been connected to the electricity grid so far, with a further 21.92 million kilowatts under construction, said Li Chuangjun, an official of the NEA.
The country will prepare for next year's subsidy bidding process in advance and promote high-quality growth of the solar PV industry, Li added.
The subsidy bidding mechanism was designed to spur market-oriented development in the solar PV sector and further reduce subsidies.
The subsidy demand under the bidding mechanism is estimated at 1.7 billion yuan ($247.11 million) for this year, lower than the annual budget quota of 2.25 billion yuan previously put forward by authorities.