Amendment #4 Page 233 of 868 TO* 91. Government Incentives Each of the markets that we expect to operate in has established various interlines and financial rrecrensrns to supped the cost and to accelerate the adoption of renewable energy These incentwes help calayze pwate sector inveslmerts in renewable energy and erica ncy °resorts Set forth below is a summary Cl the various programs and incentives that we expect will apply to ou business Chine b recent years, the NORC has initiated feed-in lard programs fa bath solar and wind energy Under nese *ado tariff programs, elgine solar and wind projects are entitled to receive a special tariff the amount of which is set by NDRG potty and yarn may vary based on the typed awe] (in the case of solar, for example. utility- scale versus Pstntxted generator projects, in the ewe of wind, onshore versus offshore developments). geographical location of the project and the date on wrich it ccenrrenced coristnxban Once a solar project qualifies for a particular tariff. the project is entitled under NCRC policy to cortinue to receive the tans for a period of 20 years horn Roc GOD The special tariff remains a:natant. but consists of two components which may !Pewee/yes orange One cornponert is set to equal the prevailing rate that gad comps nes pay for base-Ion desulphurized coal power (thus it e subject to change. though Ira base rate is currently determneci by policy rather than market gxiarg and in recent history has not been subsea to substareal fluctualore) This base Iced component is paid drectly by the grid companies to the solar or wind energy project The other comparen called the 'green component,' makes up the difference between the to special tariff and the prevailing base-tad rate The 'green component- of the tariff is pad from a *renewable energy development face administered by Chinas Minetry of Finance. which m turn collects a surcharge that the gnd converses charge to their end leers Payment of the gre