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 5#).
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)
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.
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).
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 and Zhangjiakou Transportation Construction Investment Holding Group Co., Ltd. have recently established a joint venture company to develop a green hydrogen project in Zhangjiakou.