NewsFlash / Cobalt & Lithium / Subsidies for renewable energy electricity prices amount to 4.19 billion
Subsidies for renewable energy electricity prices amount to 4.19 billion
iconJul 16, 2025 09:19
Source:SMM
[The 2025 local budget for additional subsidies for renewable energy electricity prices is 4.19 billion yuan] On June 16, the Ministry of Finance issued the "Notice on Allocating the 2025 Local Budget for Additional Subsidies for Renewable Energy Electricity Prices". This local budget for additional subsidies amounts to 4.19 billion yuan, primarily for wind power, solar, biomass, and other power generation projects in Inner Mongolia, Yunnan, Xinjiang, and other regions that have been included in the subsidy list. The notice explicitly requires strict budget management for fund disbursement, with power grid enterprises needing to disburse funds monthly and make the situation public. Fund payments are to be executed in accordance with the centralized treasury payment system. Meanwhile, detailed regulations are made on the disbursement principles, including prioritizing subsidies for PV poverty alleviation projects, natural person distributed projects, and bidding PV projects. Funds for non-compliant projects are to be reduced, and verification and supervision are to be strengthened. Performance monitoring and supervision of transfer payment budgets also need to be carried out to ensure the safe and efficient use of funds. Transmit operational information, receive dispatching instructions, and cooperate in dispatching and operational work.

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