In May 2018, the Chinese government abruptly decided to stop approving any new renewable projects until further notice. Back then, just half-way through the 13^th five-year plan, the country had exceeded its official solar PV target of 105 GW by 2020 by nearly 47%. This made the decision a necessity given the mounting financial obligations. This decision also made it mandatory for the authorities to set a budget in advance for specific projects and during 2019, a total budget of RMB 3 billion (~$430.61 million) was earmarked for residential PV for the whole year.