[SMM News] Preliminary Draft of the Interim Implementation Plan for Hunan's "Document No. 136": Existing Mechanism Electricity Price at 0.45 yuan/kWh Recently, a notification document from Hunan Province regarding the issuance of the "Implementation Rules for Deepening the Market-Oriented Reform of New Energy On-Grid Tariffs in Hunan Province (Interim)" has been leaked, outlining relevant requirements for the market-oriented reform of new energy in Hunan Province. It is understood that this document is an internal discussion draft from relevant departments and is for reference only. The document states that for existing projects, the electricity generated from poverty alleviation projects will be fully included in the mechanism electricity volume. For conventional distributed and centralized new energy projects, the proportion of mechanism electricity volume is 80%, with a mechanism electricity price of 0.45 yuan/kWh. The implementation period will be determined by the earlier of the year corresponding to the reasonable utilization hours for the remaining full life cycle of the project or the year when the project has been in operation for 20 years.