High-Quality Development Action Plan for New Energy Storage Manufacturing

Source: International Energy Agency
Last updated: 24 June 2025

The High-Quality Development Action Plan for New Energy Storage Manufacturing includes several financial incentives, e.g.:

  • Subsidies for research and development projects focused on new energy storage technologies.
  • Tax breaks for companies that invest in the construction of energy storage facilities.
  • Grants for pilot projects that demonstrate the effectiveness of new energy storage systems.
  • Low-interest loans to support the expansion of energy storage manufacturing capabilities.
  • Financial rewards for companies that achieve significant advancements in energy storage technology and efficiency.

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