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Government subsidy and policy support

Around the world, governments have introduced a series of policy support and subsidy measures in order to promote the development of renewable energy. Photovoltaic + energy storage system, as an important part of the field of renewable energy, can also enjoy the benefits of these policies. These policies not only provide a strong guarantee for enterprises and individuals to invest in photovoltaic + energy storage systems, but also a non-negligible part of their profit model.

Tax breaks

Many countries have zero tariffs or exemptions on the import of photovoltaic modules, energy storage batteries and related equipment to reduce the initial cost of deploying photovoltaic energy storage systems for enterprises and individuals. In China, new energy power generation projects and energy-saving service companies implement contract management projects, and implement a preferential tax policy of "three exemptions and three halving" for qualified environmental protection, energy-saving and water-saving projects, and enterprises can enjoy tax incentives for six years.

Subsidy funds

In order to encourage the development of photovoltaic power generation and energy storage technology, some regions have provided direct financial subsidies. For example, the photovoltaic energy storage system from the next month of operation to the energy storage system according to the actual amount of charging investors subsidies, the same project annual maximum subsidy up to 1 million yuan. In addition, some local governments also provide subsidy support for new energy storage plants with an installed capacity of 1 megawatt hour and above.

Loan concessions

Through the green financing program set up by the national bank or policy bank, enterprises and residents can obtain loans to install photovoltaic energy storage systems at low interest rates, which significantly reduces financing barriers. In China, policy-oriented development financial instruments are used to support new energy storage power plant projects, while encouraging the inclusion of new energy storage in the scope of green finance support.

Policy support

The government also promotes the development of optical storage systems through other policy support. For example, Anhui Province issued policies to support the high-quality development of advanced photovoltaic and new energy storage industrial clusters, and comprehensively used policy funds, industrial bases and other means to promote industrial development. In addition, the National Energy Administration has also issued a notice on the promotion of new energy storage grid connection and scheduling, and actively supports new energy + energy storage, aggregate energy storage, optical storage and charging projects.

conclusion

Government subsidies and policy support are an important part of the profit model of optical storage system. Through tax breaks, subsidy funds, loan concessions and other measures, the government has provided strong economic incentives for enterprises and individuals to invest in photovoltaic + energy storage systems, reducing investment costs, improving the economic benefits of projects, and also promoting the wide application of renewable energy and environmental protection. With the continuous improvement of policies and the maturity of the market, the optical storage system will also bring considerable returns to investors while enjoying policy dividends.

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