智通财经网·2025-06-05 05:59Group 1: Policy and Regulatory Developments - The National Development and Reform Commission and the National Energy Administration issued an opinion to enhance the "electricity access" service level, effective from July 1, 2025, for five years, supporting green electricity applications [1] - The introduction of the green electricity direct connection policy is the first national-level regulation on this matter, aimed at facilitating the consumption of renewable energy and reducing costs for end-users [2] Group 2: Company Developments in Renewable Energy - Shandong High-tech Holdings acquired a 43.45% stake in Beijing Enterprises Clean Energy for HKD 4.685 billion, marking a strategic shift towards renewable energy and becoming the largest renewable energy producer in Shandong Province [3] - In December 2023, Shandong High-tech Holdings invested USD 299 million in Century Internet, becoming its largest institutional shareholder, indicating a transition towards a dual-driven model of "energy + technology" [3] - China Resources Power added approximately 930 MW of new wind and solar capacity in the first half of 2024, with operational wind capacity at 19.12 GW and solar capacity at 5 GW as of June [3] - Longyuan Power added 0.6 GW of wind and 1.69 GW of solar capacity in the first half of the year, totaling 2.29 GW [4] - China Power's hydropower profits surged 5.3 times year-on-year to CNY 1.35 billion due to improved water conditions, with new wind and solar capacity additions of 1.2 GW and 2.1 GW respectively [4]