MoF allocates 2021 renewable energy subsidies in advance

MoF allocates 2021 renewable energy subsidies in advance

The Ministry of Finance (MoF) has allocated the renewable energy subsidies for 2021 early, following the guidelines of the renewable energy surcharge management method (MoF [2020]5#).

Hubei DRC releases 2018-2019 provincial subsidy count

Hubei DRC releases 2018-2019 provincial subsidy count

Hubei’s 2018-2019 provincial subsidy requirement totaled CNY 646 million, CNY 206 million of which has been budgeted for 21 centralized solar projects, CNY 400 million for 33 wind projects, CNY 38 million for 298 business distributed solar, and CNY 3 million for 586 client distributed solar projects. (Hubei DRC)

MOF sends some promising signals on resolution of subsidy payment delays

MOF sends some promising signals on resolution of subsidy payment delays

Recently, the Ministry of Finance (MoF) issued a "Notice on Accelerating the Review of the List of Subsidy Projects for Renewable Energy Generation Projects", which further expands the subsidy coverage to ALL renewable projects that have been officially approved by the Development and Reformation Commission (DRC) AND that have completed full grid connection since 2006.

Huaneng to invest CNY 50 billion in hydrogen and other fields in Tianjin during the course of 14FYP

Huaneng to invest CNY 50 billion in hydrogen and other fields in Tianjin during the course of 14FYP

Tianjin Municipal Government and China Huaneng Group Co., Ltd. signed a strategic cooperation framework agreement on November 25. Huaneng group will increase investment in Tianjin City with a total investment expected to reach CNY 50 billion during the 14 Five-Year Plan (FYP) (2021-2025).

Renewables in the spotlight of Hebei’s 14FYP and 2035 long-term targets

Renewables in the spotlight of Hebei’s 14FYP and 2035 long-term targets

Hebei Province has recently issued a proposal on the formulation of the 14th Five-Year Plan (FYP) and the long-term goals for 2035.

Shell joins Zhangjiakou to develop green hydrogen in the clean energy town of Hebei Province

Shell joins Zhangjiakou to develop green hydrogen in the clean energy town of Hebei Province

Shell and Zhangjiakou Transportation Construction Investment Holding Group Co., Ltd. have recently established a joint venture company to develop a green hydrogen project in Zhangjiakou.