Important Breakthrough! Midea Photovoltaic & Wanjiang Financial Lease Complete First Batch of Green Certificate Applications and Green Electricity Trades

Recently, Midea Photovoltaic has achieved a key breakthrough in the field of green finance — successfully landing the company's first renewable energy photovoltaic power station project Green Certificate transaction. This collaboration, promoted jointly by Midea Photovoltaic and Wanjiang Financial Lease, marks a substantive leap from '0' to '1' in the field of green finance, becoming another important milestone in Midea's green development layout.

The Green Certificates for this project come from the new energy project jointly developed with Wanjiang Financial Lease, and have been successfully traded through the China Green Power Certificate Trading Platform. Previously, Document No. 136 promoted the full entry of photovoltaic power stations into the electricity market, providing investors with more certainty and value exploration paths in terms of returns. This green certificate application and green electricity trade helps to enhance the operational revenue of the project company, effectively shortening the investment payback period, and further highlighting the dual economic and ecological value of green projects.

It is noteworthy that this transaction fully validates the feasibility of the 'green asset value realization' business model. The price of green electricity is composed of two parts: the value of electric energy and the environmental value, the former corresponding to the commodity attribute of electricity, ensuring basic energy supply; the latter, on the other hand, reflects the emission reduction attribute, converting ecological benefits into economic gains through green certificate transactions, providing a replicable and promotable innovative example for the industry. This successful case also demonstrates the strong promoting effect of green financial innovation on revitalizing physical assets and accelerating energy transition.

In the future, Midea Photovoltaic will further deepen its cooperation with Wanjiang Financial Lease, exploring more paths for the integration of green finance and new energy, promoting the deep integration of photovoltaic projects with green certificates, green electricity trading, and other green finance measures, to contribute corporate strength to the realization of China's 'dual carbon' goals.