Recently, the Sichuan Provincial Development and Reform Commission issued "Several Policy Measures to Support Green and Low-Carbon Development in Sichuan Province" (Chuan Fa Gai Huan Zi [2026] No. 236), launching 14 special measures across three dimensions. Through fiscal subsidies, financial empowerment, and factor guarantees, it promotes the green and low-carbon transformation and upgrading of the province's economy and society, with a focus on providing clear financial support standards for green projects related to hydrogen energy, including renewable energy hydrogen production and new-type energy storage .
The new policy focuses on the pain points and needs of green and low-carbon industry development, constructing a comprehensive support system of "fiscal investment + financial support + factor security." It covers multiple core areas such as hydrogen energy storage, energy saving and carbon reduction, clean coal utilization, infrastructure renovation, green finance, scientific and technological breakthroughs, and land and energy use guarantees. Many subsidy policies are clear in intensity and highly implementable, providing solid policy support for the high-quality development of Sichuan's green and low-carbon advantage industries.
In terms of fiscal fund support, Sichuan has launched seven categories of special subsidy policies for projects, with differentiated subsidy ratios and caps. Among them, for renewable energy hydrogen production and hydrogen energy application projects, as well as independent new-type energy storage projects with advanced technology routes such as hundred-megawatt-level vanadium flow batteries, compressed air energy storage, and solid-state batteries with a capacity of 10 MW or above, provincial budgetary infrastructure investment will provide financial subsidies at a rate of no more than 15% of the total project investment , with a maximum subsidy of 20 million yuan per project .
Meanwhile, projects for energy-saving, carbon-reducing, and efficiency improvement transformations, as well as energy-saving, efficiency improvement, and clean renovation of existing coal-fired power units, will simultaneously apply the 15% investment subsidy rate and the cap of 20 million yuan per project. Projects related to clean coal utilization, coalbed methane extraction, and waste heat and pressure utilization have greater support, with subsidy ratios up to 30% of total project investment, and the same maximum subsidy of 20 million yuan per project.
For people's livelihood and supporting green infrastructure, the new policy specifies differentiated subsidy rules for charging infrastructure: new charging projects will be subsidized up to 40% of total investment, and renovation projects up to 50% of additional investment, with a maximum of 1 million yuan per project. Additionally, existing building energy-saving renovation projects over 1,000 m² that pass inspection can receive a maximum of 500,000 yuan in green building materials application incentives; qualified "Tianfu Lvhui" renewable resource recycling trading venues can receive up to 5 million yuan in special incentive funds.
In the financial support sector, Sichuan focuses on 10 key transformation industries, including steel, coal power, building materials, and petrochemicals, guiding financial institutions to customize green and low-carbon transformation financial products, and encouraging local implementation of fiscal interest subsidy policies. For environmental protection projects such as sewage treatment, ecological restoration, and EOD initiatives, provincial finance provides interest subsidies at 1.5% of the actual loan amount, with a maximum annual subsidy of 3 million yuan per project and a subsidy period of up to 3 years. These are complemented by targeted interest subsidies for equipment upgrades and reward and subsidy policies for green bond underwriting — enterprises can receive additional provincial interest subsidies for equipment upgrade loans, capped at 5 million yuan per enterprise per year, while financial institutions underwriting green bonds can receive rewards and subsidies equal to 0.1% of the annual underwriting amount, with a maximum of 2 million yuan per institution.
In terms of factor support, the new policy strengthens all-round support in science and technology, land use, and energy use. Provincial finance has established major science and technology special projects for environmental governance, with maximum support of 20 million yuan per project. All localities are required to reserve no less than 1% of industrial land for the construction of resource recycling facilities, and for high-quality energy conservation and environmental protection projects, land supply methods are optimized and land transfer reserve prices are reduced. Energy conservation review rules are optimized — except for "two-high" projects, fixed-asset investment projects that meet industry energy efficiency benchmark levels are exempt from energy consumption replacement requirements, and "two-high" technological transformation projects that have completed carbon emission replacement do not need to undergo another round of energy consumption replacement, significantly streamlining the approval process for high-quality green projects.
It is reported that the policies released this time will subsequently have their detailed implementation rules refined by each responsible department, and will be carried out in accordance with current and effective management regulations, continuously strengthening the industrial foundation for Sichuan's green and low-carbon development and supporting the high-quality growth of the province's ecological economy.
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