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Zhejiang launched the second mechanism of the New Energy Incremental Project 2026

Zhejiang Development and Reform Commission

I. COMPETITION MATERIALS AND PlatformS

the bidding process was mandated by the provincial development reform commission (dirc) and entrusted to the national network of zhejiang province power limited as a competitive organization.

(i) competition subject. the main players involved in this exercise are the following three categories:

1 june 1st, 2025 (include) to 31 december 2027 (includes) all-capable, or planned, new, medium-mobilized energy projects that are not covered by the mechanism ' s electricity execution (including projects that have been bid-out-checked, identical). the 110 kv voltage level of access to decentralized wind power project is modelled on the mobilization of medium-sized project management.

2.2025 (includes) to 18 december 2026 (includes) non-combusted new energy projects that are fully productive and are not covered by the mechanism ' s electricity price.

3.2025 (includes) 1 june to 18 december 2026 (includes) distributional new energy projects with full capacity. distributive projects of the same type can compete independently or in combination. project reference distributional project management for voltage-level access to decentralized wind power projects up to 35 kv.

(ii) organizational classification. this bid distinguishes between project types and is divided into photovoltaics and wind power.

(iii) bid platform. Centralized projects are being carried out on the New Energy Cloud platform; distributed projects are being declared through the Web Countrynet App.

II. Qualifications and performance assurance materials

(i) subject of the bid. the main bidder shall meet the requirements of article 6 of the rules for the implementation of the new energy incremental project in zhejiang province, which:

3.2025-2026 in a multi-type new energy project involving wind power, light volt, etc., should be completed after delivery, with the participation of all types of project (first bid is subject to the same number). the maximum share of total electricity available to the project shall not exceed the proportion of the remaining electricity available after spontaneous use, as promised in the declaration.

(ii) performance bond. non-input projects (including those for which no electricity business licence has been obtained) are subject to a performance bond to the bid organization (see annex 5 for the template), and the participating project (which has obtained a power business licence) is not required in principle to submit the bond. the performance bond is a written credit guarantee issued by the bank and issued to the competitive organization institution and is valid one year after the time of commissioning of the project commitment.

conservation amount (in yen) = installed capacity (mw) x use of hour poles (hours) x 20 yen/mwh (0.02 yen/kwh)

III. Institutional capacity and duration of implementation

(iii) hour poles for power generation

Type of projectBreakdown TypeHours of annual power generation utilization (hours)
PhotovoltPooled and distributed photovoltaics1100
WindWind on land2000

(iv) sufficiency ratio

the mechanism's adequacy rate is 110%.

(v) mechanism implementation period

IV. Individual project declared electricity and price limits Value

(i) declared electricity limit values. individual project maximum declared electricity (mwh) = installed capacity (mw) x hour bar (h) x 90 per cent of annual power generation.

(ii) declared price limit values. the maximum declared price for each type of item is 393 yen/mwh (0.393 yen/kwh) and the lower declared price is 242 yen/mwh (0.242 yen/kwh).

V. Quantities

The competitive process and timing

(ii) audit of bid quality and performance warranty. 25 december-11 january 2026.

(iii) results of the public qualification review. 12-14 january 2027.

(iv) subject-matter formal bid. 15 january-18 january 2027. qualificationed project owners formally bid on competitive platforms.

(v) bid results clear. january 19, 2027.

(vi) public bid results. 20-22 january 2027.

(vii) publication of bid results. by 31 january 2027. when the outcome of the bid is published, the outstanding item may apply for a refund of the bond, which may be applied for after the full amount of the winning item has been delivered.

VII. Safeguards

(iii) ensures that the bid is smooth and orderly. competition organizations publish relevant information on time. competing parties should exercise due diligence to maintain competitive order, comply strictly with the rules of the electricity market and the relevant state regulations, comply with the law and participate in competitive bidding for new energy projects, refrain from abusing market dominance to manipulate market prices, and refrain from actions such as collusive announcement of prices, price hikes and disruption of market order.

(iv) enhanced time-use management. new energy projects that are involved in competitive bidding and include institutional power should come into operation in strict compliance with declared times. where the actual time of commission of the project is later than the reported time, the amount of the performance bond is deducted in accordance with the corresponding provisions of the implementing rules.

VIII. OTHER

zhejiang province development and reform commission & nbsp; & nbsp;                   zhejiang province energy authority

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19 october 2026

Competing information to fill out a commitment

(Stamp)

1. the information and material submitted in the undertaking are true and accurate, and there are no false information, misleading statements or material omissions.

2. the commitment was made to provide all necessary information and supporting material as required, without concealment, omission or tampering with any key elements.

3. our unit is committed to cooperate in the timely verification of the filed information and to supplement or amend false information in a timely manner.

4. (a) our unit (in person) is not in the position of being suspended, shut down or subject to insolvency proceedings ordered by the administrative authorities; it is not in the period of time for which the prohibition of competitive bidding has been established in the relevant documents of the administrative authorities; it has not been fraudulently successful or in serious breach of contract for the last three years; it has not been found by the authorities to have caused a major or more quality accident or a major or more security incident as a result of its services; it has not been included by the market supervisory authority in the list of businesses operating abnormally or seriously violating the law in the national business credit information systemthe supreme people's court has not included a list of persons who have been subject to fraud on the “credit china” website or on credit information-sharing platforms at all levels.

5. the mechanism ' s bid for electricity is voluntary for the new energy project and the associated risks are self-burdened, including, but not limited to: a reduction in the volume of electricity declared by the marginal fleet as a result of participation in the bid; late commissioning of the contract bond funds, inclusion of letters of credit or cancellation of the project ' s bid for the next three years; and the cancellation of its top-level holding company ' s bid for the next three years for all projects in zhejiang for manipulation of the market, forgery of the bond.

all the consequences (including but not limited to legal disputes, economic loss, administrative liability) that result from my unit's poor or incomplete provision of information are borne by my unit.

date of commitment: & nbsp; & nbsp; & nbsp; year & nbsp; month & nbsp; month

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