"Guangzhou Huangpu District Announces Measures to Promote High-quality New Energy Storage Industry"

Notification on the Implementation Details of Several Measures to Promote High-quality Development of New Energy Storage Industry in Guangzhou Development Zone (Huangpu District)

The Industrial and Information Technology Bureau of Huangpu District, Guangzhou, and the Development and Reform Bureau of Huangpu District, Guangzhou jointly issued the above-mentioned notice. The notice points out that during the effective period of this measure, for the construction, grid connection, and installation capacity of new energy storage power stations within the district reaching 1 megawatt or more, the investment entity will be supported with a subsidy not exceeding 0.2 yuan/kilowatt-hour based on the discharge capacity, with a maximum subsidy of 3 million yuan for a single project, and a subsidy period of up to 2 years. The subsidy will be provided as a post-subsidy, using an annual centralized declaration method.