Policy Support Promotes New Development of the Light and Heat Industry

Policy Support Promotes New Development of the Light and Heat Industry It is reported that the National Energy Administration is formulating a "Renewable Energy Heating Implementation Plan." The program focuses on heating applications, mainly solar heating, geothermal and biomass energy heating, and is expected to be introduced within the year. The preliminary draft of the plan shows that by 2015, domestic solar energy and other renewable energy will replace the standard coal power generation by approximately 50 million tons, and by 2020 it will reach 100 million tons. At present, this scale is over 30 million tons. In addition, the program points out that the future direction of the development of the light and heat industry should be transformed from civilian to engineering power generation. At present, the industry is mainly concentrated in solar water heaters. In addition, the plan includes granting enterprises subsidies according to energy-saving emission reduction policies, tax incentives, and other government-supported industrial policies.

According to Zero2IPO data, of the 272 investment cases disclosed in 2006-2012, there were 221 cases in which the Chinese new energy industry disclosed the amount of investment, involving a total investment of 5.796 billion U.S. dollars. Among them, the total amount of investment in 2009 was the highest in history, while the amount of investment in 2010 was the same as that of 2011, setting a new peak. The amount of investment increased significantly compared to 2009, but the amount of investment has dropped significantly. In 2012, due to the continuous economic downturn in the country, the investment in the new energy industry experienced a sharp decline in investment, which fell back to 2007 levels in one fell swoop, with a decline of nearly 50%. The reduction in the number of investments in the same year also led to a substantial drop in the amount of investment, returning to the 2008 level.

At present, photovoltaic companies are in the period of low demand for internal and external difficulties. The development of photovoltaic energy industry is a new opportunity for industrial development. In the future, the development direction of the light and heat industry will be transformed from civilian to engineering power generation. Policy support and technological progress have also helped the development of the engineering market. The policy of “universal design and uniform installation” of solar hot water projects supported by many provinces and cities has changed “should be installed” to “must” or “mandatory installation”, and the binding force has been strengthened. The policy of mandatory installation in the future will not be extended to the whole country. Possible. At the same time, advances in technology have also broken the limit that high-rise buildings cannot install solar energy, making it possible to promote the integration of solar energy buildings. All these will keep the engineering market growing rapidly.

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