On September 11, Shandong announced the results of the new energy mechanism price bidding in 2025. Among them
, 1175 photovoltaic projects (7 centralized and the rest distributed) were selected, with a scale of 1.265 GW, a proportion of 80% of the mechanism electricity and a price of 0.225 yuan/kwh. The implementation period is 10 years; 25 wind power projects (including 1 offshore wind power project) are selected, the proportion of machine-made electricity is 70%, the electricity price is 0.319 yuan/kwh, and the implementation period is 10 years.
On August 11, Shandong Power Grid Company issued the Announcement of Shandong New Energy Mechanism Electricity Price Bidding Organization in 2025, organizing the mechanism electricity price bidding, becoming the first province in China to carry out the bidding!