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   According to reports, the above-mentioned green industry fund will be promoted by the relevant departments of Guangdong and two institutions in Hong Kong and Shenzhen. The total fund has a scale of 5 billion. It is said that the fund is expected to be officially listed at the end of the year or early next year, and its initial plan is mainly for contract energy management (EMC) companies.
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   Expected to be listed on New Year's Day next year
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   According to the national and Guangdong province plans to expand investment and stimulate domestic demand, Guangdong plans to vigorously implement innovative projects such as green lighting and develop emerging high-tech industries such as LED. At the same time, the implementation of "energy-saving emission reduction and renewable energy" major science and technology projects. According to reports, since its implementation in 2008, Guangdong has accumulated 389,000 tons of standard coal, 38,200 tons of COD emission reduction, 7,630 tons of sulfur dioxide, and 1,008,700 tons of carbon dioxide, and promoted the development of new industries such as environmental protection and biology.
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   Ye Jingtu, deputy director of the Science and Technology Department of Guangdong Province, said that some energy-saving and emission-reduction projects have had good benefits, but they require a certain time limit for recycling. It is often difficult for customers to come up with such large funds, which has the problem of investment. So the Guangdong Science and Technology Department and the two institutions in Hong Kong and Shenzhen cooperated to promote the establishment of a 5 billion green industry fund to provide financial support for such customers in Guangdong Province, including Hong Kong capital.
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It is understood that among the 5 billion funds, Guangdong Province plans to invest 50 million to make guided investment, and the rest of the funds will be raised by relevant institutions. Ye Jingtu said that the Guangdong government's investment funds are now in place. At present, the fund is still in the registration stage and is estimated to be listed around New Year's Day in 2010.
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   LED lighting is supported
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   It is said that in addition to supporting energy conservation and emission reduction projects, the Green Industry Fund also includes Guangdong's demonstration town plan for LED lighting, and will also support key upstream industry projects including LED lighting industry, such as epitaxial wafers and chips. . Ye Jingtu said that these projects are often very large, and the fund not only supports the marketing of these projects, but also supports their industrial innovation. "This is very important for the development of related industries in Guangdong, and is also an important industrial development opportunity for Guangdong."
   In the planning of the Guangdong Green Industry Fund, the focus is on EMC. Contract energy management is an important mode of industrial energy conservation and building energy conservation. EMC has signed a series of energy-saving services including energy audit, project design, project financing and equipment procurement by signing energy-saving service contracts with customers. Ye Jingtu believes that EMC does not directly charge fees in the process of serving customers, but gains benefits through energy saving and other benefits. “It is a very good model for energy saving and emission reduction. However, most EMC companies currently have small scale and financing. Waiting for development bottlenecks."
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