MengDong electric issued 7. 1 billion yuan of renewable energy subsidies

Solar photovoltaic webex: Treasury money to build [2019] no. 275 of the Ministry of Finance issued on renewable energy electricity price of additional aid budget notice documents issued the local grid renewable energy subsidies, 8. 1 billion, 310 pv subsidy. 800 million yuan. In the renewable energy subsidies of 8. 1 billion yuan, an exclusive 7. 1 billion yuan in Inner Mongolia, all for the Inner Mongolia electric power ( Group) Limited liability company jurisdiction within the scope of the renewable energy projects.

just allocated 8. 1 billion yuan of subsidies to local power grid, and allocated to the national grid, within the scope of southern power grid were not made public, it is understood that the Ministry of Finance on two grid renewable energy subsidies have also been issued, the total this year, the Ministry of Finance issued by subsidies as high as 86. 6 billion yuan! The scope of subsidies for the first to the seventh batch of subsidies into the directory of renewable energy projects! According to

& other; National center for renewable energy information management & throughout; Information, in 2019 is expected to collect 86. 6 billion yuan subsidy, plan was shown in the following table.

according to the Ministry of Finance issued on renewable energy electricity price of additional aid budget notice ( Money to build [2019] no. 275) , now attach 2019 annual central renewable energy electricity price 7. 11007 billion yuan issued to you. Among them: wind power used 4. 13794 billion yuan to 2019 government income and expenses classification are listed in this subject & other; 2116001 wind power subsidies & throughout; ； power generation project in natural distributed photovoltaic subsidy funds of 2. 94 million yuan, photovoltaic power station, and industrial and commercial distributed photovoltaic 2. 85615 billion yuan to the renewable energy independence system used 8. 55 million yuan to 2019 government income and expenses classification are listed in this subject & other 2116002 solar power subsidies & throughout; ； Biomass used 104. 49 million yuan to 2019 government income and expenses classification are listed in this subject & other Throughout 2116003 biomass power generation benefits &; 。 Combining with the relevant requirements, the Ministry of Finance and the relevant matters notice is as follows:

the additional subsidy funds, central renewable energy electricity price is according to the Ministry of Finance, National Development and Reform Commission, the National Energy Administration of printing of renewable energy electricity price attached notice interim measures for the management of funds subsidies ( Money to build [2012] no. 102, hereinafter referred to as the 'measures for the management of funds') , the Ministry of Finance about distributed photovoltaic implement according to the electricity subsidy policy and related issues notice '( Money to build [2013] no. 390) , and published on the additional funding for renewable energy electricity price directory ( The first to the seventh batch) Notice ( Money to build [2012] no. 344, 808, 1067, [2013] no. 64, wealth building [2014] no. 489, [2016] no. 669, wealth to build [2018] no. 250) , released on the renewable energy electricity price subsidy funds directory ( (pv) poverty alleviation project) Notice ( Money to build [2019] no. 48) And the development of our application. Money when using, should be first guaranteed photovoltaic solar energy poverty alleviation, natural distributed, public independent renewable energy power system involving people's livelihood projects, ensure the project subsidy funds in full to the enterprises in a timely manner. Among them, the independent renewable energy power system according to & other; Operation and management expenses beyond the part of sale of electricity, through renewable energy electricity price attached to solid subsidies & throughout; After cost audit report, the principle of autonomous region departments in accordance with the highest do not exceed 0 per kilowatt each year. Up to 40000 yuan subsidy standards according to solid funding, such as in credit, can be carried forward to next year. For other power projects, all items should be in accordance with the requirements of subsidies, such as allocated proportion.

2, in accordance with the requirements for the Treasury to inform, according to the law of the People's Republic of China renewable energy law 'and' money management method 'to the power grid enterprise subsidizing fund settlement. Formula is as follows:

1. According to the feed-in tariff, Including through competitive bidding way to determine a feed-in tariff) Give subsidies for renewable energy projects: subsidies standards = ( Power grid enterprise purchase price - Coal feed-in tariff benchmarking) /（ 1 + applicable VAT) 。

3, would you please in strict accordance with the relevant provisions, go through the formalities of the funds allocated at autonomous region departments as soon as possible. Your company, after receipt of the funds allocated by the regulation will be appropriated funds related project unit, at the same time will be appropriated funds situation in a timely manner to inform my hall, may occupy their misuse.

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