The “Measures to Promote High-quality Development of New Energy Industry in Pingshan, Shenzhen for Implementing the ‘Dual Carbon’ Strategy” will take effect on July 15, 2025 and remain valid for three years.

The measures are interpreted by the Development and Reform Bureau of Pingshan District, authorized by the district government. More details about the policy can be found at https://www.szpsq.gov.cn/zwgk/gfxwj/qgfxwj/content/post_12264577.html 

I. Build industrial clusters highlighting regional characteristics and competitive advantages 

(1) Optimize the industrial chain 

Attract frontier, scarce, and key new energy enterprises that can invigorate industry vitality and strengthen industrial chains to Pingshan District. These enterprises will lead others along the chain to address weaknesses and consolidate foundations, aiming for balanced development and the overall upgrading of the entire industrial chain.

Enterprises whose operations are on Pingshan’s newly released list of frontier/scarce/key fields, if they have no self-owned industrial land in the district and make fixed asset investments of at least 20 million yuan in their first fiscal year of operation, are eligible for a subsidy equivalent to 2% of their actual fixed asset investment, capped at 2 million yuan. Subsidies will be verified by the district development and reform bureau.

(2) Accelerate industrial cluster development

Encourage industrial parks to cultivate new energy companies. Support the development of specialized new energy industrial parks or associations that gather upstream and downstream enterprises to realize cluster development. For industrial parks, associations, and other entities introducing and cultivating new energy companies engaged in production and business activities, rewards of 50,000 yuan will be given for every 50 million yuan of increased annual output value, capped at 500,000 yuan per entity annually.

II. Build innovation centers focused on industrial demand and geared toward shaping new growth momentum

(3) Establish testing and inspection platforms 

Encourage enterprises to collaborate with universities and research institutions to build public testing and inspection service platforms related to new energy, providing reliable support for innovation and development in the new energy industry. New energy testing and inspection platforms recognized by municipal or higher authorities are eligible for subsidies equal to 20% of the actual funding amount provided by these authorities, capped at 1.5 million yuan.

(4) Promote commercialization of sci-tech achievements  

Encourage enterprises to focus on cutting-edge new energy technologies, establish pilot test platforms for self-developed products to advance R&D and validation testing, and jointly formulate pilot test technical standards with upstream and downstream companies.

Support the construction of pilot production lines in new-type batteries and energy storage, charging facilities, photovoltaics, hydrogen energy, smart grids, and integrated energy services. For projects with a total investment of at least 5 million yuan (excluding civil works), subsidies equal to 10% of the equipment investment, capped at 1 million yuan, will be granted. No more than two demonstration projects per field and one project per enterprise annually will be supported.

(5) Strengthen support for standards formulation

Improve the standard system for the new energy industry. Encourage enterprises to lead or participate in the formulation of international, national, and industry standards in new-type batteries and energy storage, charging facilities, photovoltaics, hydrogen energy, smart grids, and integrated energy services to enhance their influence. Enterprises that lead or participate in standards with significant industry impact will receive rewards of up to 300,000 yuan for international standards, 200,000 yuan for national standards, and 100,000 yuan for industry standards.

III. Build a service ecosystem with precise resource allocation and diverse factor support  

(6) Satisfy enterprise space needs

Enhance enterprise service guarantees to alleviate operational space pressures for quality enterprises. For high-quality enterprises, institutions, or platforms recognized at the national, provincial, or municipal level — such as technology-based SMEs and high-quality SMEs in the new energy sector, and demonstration enterprises titled “Manufacturing Champion” in a single product area — support will be provided if they lease industrial premises for their own use (excluding ancillary and supporting facilities). 

Each enterprise is eligible for a subsidy of up to 50% of the actual rent, capped at 40 yuan per square meter per month, with a maximum of 1 million yuan per year, for a period of up to 36 consecutive months.

(7) Broaden enterprise financing channels 

Support key new energy enterprises in Pingshan to rapidly scale up and nurture new growth areas for industrial development. For high-quality commercialization projects in key fields such as new-type batteries and energy storage, charging facilities, photovoltaics, hydrogen energy, smart grids, and integrated energy services, support will be provided to help these projects obtain equity financing from government-backed and private-sector funds following assessment and evaluation.

(8) Support enterprises going global  

Promote the international market expansion of products and services in new-type batteries and energy storage, photovoltaics, and other related fields, accelerate overseas new energy industry deployment, and enhance the global presence of local brands. Exports of products that have obtained market access certifications in Europe, Japan, South Korea, North America, and other major overseas markets will receive subsidies of up to 10% of the certification costs, capped at 1 million yuan per enterprise annually.

(9) Enhance industry collaboration and development 

Support influential international and domestic exchange and cooperation activities in the new energy field held in Pingshan. With filings approved by the district energy industry authority, organizers will receive subsidies equal to 50% of actual event expenses, capped at 500,000 yuan.

IV. Serve as a demonstration district for advanced technologies promotion and application expansion

(10) Promote demonstration projects for new-type energy storage technologies 

Encourage the building of demonstration projects featuring next-generation new-type energy storage technologies such as sodium-ion batteries, flow batteries, and flywheel storage, to improve grid peak regulation and peak-valley balancing capabilities. Grid-connected projects of these types will receive subsidies of 200 yuan per kWh of installed capacity, capped at 1 million yuan per project.

(11) Promote pilot applications of V2G interaction 

Support the construction or renovation of intelligent facilities integrating charging and parking at bus terminal stations, public parking lots, and super-charging stations. Encourage the scaling up of two-way vehicle-to-grid (V2G) interaction to fully utilize the energy storage capabilities of new energy vehicles.

For completed V2G projects in Pingshan, a construction subsidy of 200 yuan per kW of total V2G discharge power will be granted, capped at 200,000 yuan per project. Total V2G discharge power should be no less than 500 kW.

(12) Enhance aggregation and response of virtual power plant resources 

Encourage the construction of resource aggregation platforms and their integration with Shenzhen’s virtual power plant management center to support grid regulation and derivative digital energy services.

Entities investing in virtual power plant resource aggregation platforms will receive a subsidy equal to 10% of their annual response revenue, capped at 500,000 yuan per company.

(13) Cultivate hydrogen energy industry demonstration applications

Support the demonstration and application of solid oxide fuel cell (SOFC) technology and promote combined heat and power application scenarios. Encourage pilot projects for hydrogen fuel cell backup power systems in scenarios such as data centers, industrial and commercial parks, green buildings, and unmanned aerial vehicles (UAVs).

Promote the demonstration applications of hydrogen fuel cells in engineering, sanitation and long-distance transportation. Support R&D and deployment of hydrogen fuel cell-powered heavy trucks, cold-chain logistics vehicles, tractors, garbage trucks, hydrogen-powered drones, and hydrogen fuel cell-powered electric vertical takeoff and landing (HVTOL) aircraft.

(14) Accelerate construction of new-type energy systems

Advance the construction of new-type power systems and encourage low-carbon projects such as integrated source-grid-load-storage integration, photovoltaic-storage-charging integration, photovoltaic-storage-direct-current-flexible integration, centralized cooling, energy trusteeship, microgrids, carbon capture and storage, and near-zero carbon pilot projects. These initiatives will contribute to building a global demonstration district for integrated photovoltaic-storage-charging applications.