Vigorously developing renewable energy is not only an important support to promote green and low-carbon development, but also an important measure for China to cope with climate change and fulfill international commitments. In recent years, China’s wind power, photovoltaic power generation and other industries have developed rapidly. By the end of 2020, the installed capacity of renewable energy power generation will reach 930 million kilowatts, accounting for 42.4% of the total installed capacity. With the rapid development of the industry, affected by many factors, some renewable energy enterprises have tight cash flow and difficulties in production and operation.
Recently, the national development and Reform Commission, the Ministry of Finance and other five departments issued the “notice on guiding and increasing financial support to promote the healthy and orderly development of wind power and photovoltaic power generation industries”, which gave many enterprises hope.
“One of the highlights of the notice is that” enterprises of renewable energy projects that have been included in the subsidy list can apply for subsidy confirmation loans for the financial subsidy funds that have been confirmed and receivable but not collected. “. This regulation is of great significance to those enterprises that are affected by the subsidy gap and whose cash flow is negative and whose capital chain is tight. ” Qin Haiyan, Secretary General of wind energy special committee of China Renewable Energy Society, analyzed that last year, the Ministry of Finance and other departments issued relevant documents, stipulating the reasonable utilization hours of various projects in the whole life cycle, and determining the total amount of central financial subsidy funds for renewable energy power generation projects, thus “confirming the right” of project subsidy rights and interests. “In this way, financial institutions are equivalent to having Based on this, we can calculate the corresponding cash flow and receivable uncollected subsidy funds, so as to carry out the subsidy confirmation loan arrangement. “The financial support for renewable energy enterprises also includes the following aspects: financial institutions negotiate with renewable energy enterprises to extend or renew loans in accordance with the principle of commercialization; independently issue subsidies to confirm the right of loans; appropriately make up for the interest cost shared by enterprises by issuing green power certificates; and; It is necessary to collect the additional electricity price of renewable energy in full and ensure the source of subsidy funds for renewable energy.
According to Tao Ye, deputy director of the renewable energy development center of the Energy Research Institute of the national development and Reform Commission, on the one hand, according to the principles of marketization and legalization, the notice clearly determines the amount of loans independently with the upper limit of the financial subsidies that enterprises have confirmed their rights to receive and have not received; on the other hand, it puts forward supporting measures and suggestions to realize the closed-loop management of loans by setting special accounts. “The notice proposes that the subsidy funds actually obtained by the enterprise in that year will be directly allocated by the power grid enterprise to the enterprise’s special loan repayment account, without going through the enterprise turnover. This can reduce the risk of bank loans and improve the enthusiasm of banks. “The “full charge of renewable energy tariff surcharge” mentioned in the “notice” has also attracted much attention. According to the third party assessment report, the average additional charge rate of renewable energy electricity price from 2015 to 2018 is only 84.4%. There are some problems in some places, such as only levying on industrial and commercial users of public power grid, not levying or levying less on users of self provided power plants and local power grid for a long time. “At present, it is difficult to meet the subsidy fund support of renewable energy in the near and medium term. We can explore the way of issuing bonds to solve the existing subsidy fund.” Edification suggestion.
The relevant person in charge of the National Energy Administration said that for the main measures mentioned in the notice to solve the problem of subsidy arrears and lagging subsidy funds, we will work with relevant departments to further implement various policies, gradually alleviate and finally solve the problem.