Beijing Enterprises Clean Energy (01250) said 12 photovoltaic power plants and a wind power plant owned by the Group with an aggregate installed capacity of about 432 megawatts have been successfully registered into the seventh batch of the Renewable Energy Tariff Subsidy Catalogue.
At present, the Group's aggregate installed capacity of the photovoltaic and wind power plants registered into the subsidy catalogue reached about 482MW.
The Group's photovoltaic and wind power plants which have entered into the seventh batch of the Subsidy Catalogue are mainly located in Hebei, Jiangsu, Hubei, Shaanxi, Anhui and Shandong provinces, and in photovoltaic resource areas 2 and 3 or wind resource area 4 as promulgated by the National Development and Reform Commission.
It is expected that settlements of the accrued and unpaid renewable energy subsidies of these power plants in the total amount of around Rmb800 million as at 31 May 2018 and the related future subsidies will be accelerated.
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