Recently, Shandong, Shanxi and other places issued a notice to adjust and abolish some wind power photovoltaic power generation projects, which involved a number of central state-owned enterprises to adjust the layout of related photovoltaic investment. Industry insiders pointed out that behind this change is the multiple adjustments of policy orientation, market environment and corporate strategy. It also reflects the key watershed of "high-quality development" on my country's new energy industry station, and the industry pattern, technical route and development model are also Ushered in all-round reconstruction.

According to incomplete statistics, since the second half of 2025, Guizhou, Shaanxi, Hebei, Shanxi and other places have made intensive moves to abolish or adjust various scenery project indicators. Up to now, more than 140 scenic projects across the country have been cleaned up, with a total scale of more than 10GW, including many central state-owned enterprise projects.

Industry insiders point out that the marketization of electricity prices directly squeezes the revenue space of the project. According to the public data of Shandong Energy Bureau, the electricity price of Shandong photovoltaic mechanism is only 0.225 yuan/kWh in 2025, which is 43% lower than the local benchmark electricity price of coal (0.395 yuan/kWh). During the peak period of photovoltaic output at noon, the electricity price even dropped below 0.05 yuan/kWh, far lower than the comprehensive electricity cost of photovoltaic projects of 0.3-0.35 yuan/kWh. At the same time, the problem of consumption is becoming increasingly prominent, the National Energy Board in 2025 January-November data show that the national photovoltaic utilization rate fell to 94.8 percent, Xinjiang, Heilongjiang and other places part of the photovoltaic station power limit rate of more than 30%, "sent out, send out, sell not expensive" dilemma breakdown of the project revenue bottom line.