Changzhou Released New Energy Storage Subsidy Plan

On January 28, Changzhou City held a press conference to introduce the "Implementation Opinions on Accelerating the Construction of a New Energy Capital" and "Changzhou's Policies and Measures for Promoting the Construction of a New Energy Capital" . The policy proposes to promote the large-scale application of energy storage, and support the integrated development of new energy sources such as photovoltaics and energy storage facilities. For new energy storage stations with an installed capacity of 1 MW and above, a subsidy of no more than 0.3 yuan/kWh will be given to investors based on the amount of discharge electricity from the next month after grid connection and operation, and the subsidy will not last for more than 2 years. Changzhou will also promote the construction of integrated demonstration projects of "PV-Storage-Charging-Repair-Swapping Service".