The Golden Sun Project was cheated to make up 200 million companies saying it was good to lie

**Abstract** On June 20th, the National Audit Office released an announcement revealing serious cases of corporate fraud in the subsidy policy of the Golden Sun Demonstration Project, a government initiative aimed at promoting solar energy. The audit uncovered significant irregularities in the allocation and use of funds, particularly between November 2012 and March 2013. The audit covered energy conservation and environmental protection projects in 18 provinces, including Guangdong and Anhui, for the years 2011 and 2012. A total of 5,044 projects were reviewed, involving 62.109 billion yuan in funding. The audit found that 348 project units had misused or diverted 1.617 billion yuan from the "three subjects" funds, which accounted for 2.6% of the total amount audited. Among these, eight Golden Sun projects had illegally used 207 million yuan, making up 12.8% of the total illegal funds. The Golden Sun Project, which has been operational for four years with over 20 billion yuan in state subsidies, has long faced criticism for issues such as fraudulent subsidies, delays, and poor execution. Speculation about the policy’s termination has led to volatility in the industry. This time, the "Golden Sun" once again came under scrutiny. The violations involved large amounts of misused funds, with some projects exceeding 20 million yuan in illegal use. For example, one project in Anhui obtained 59.26 million yuan through false documentation, the largest single case identified. Eight of the eight Golden Sun projects had more than 20 million yuan misused, highlighting the severity of the issue. According to the audit report, the Golden Sun project involved a total investment of 8.149 billion yuan, with 239.37 MW of installed capacity. The eight non-compliant projects totaled 64.298 MW, accounting for 29% of the overall capacity. This scale of misuse raises concerns about the effectiveness of the subsidy system and the oversight mechanisms in place. Experts have commented on the findings. Meng Xianyu, vice chairman of the China Renewable Energy Society, noted that while the amount of illegal funds may not be extremely high, it reflects systemic issues in the management of photovoltaic projects. He pointed out that the policy itself was flawed, with no follow-up supervision after subsidies were allocated. Similarly, Lin Boqiang from Xiamen University stated that while policies may have loopholes, the lack of enforcement is a key issue. Several companies involved in the violations, such as Guangdong Hanergy and the Anhui Glass-lined Industrial Design and Research Institute, have since returned the misused funds. However, the question remains: can these funds be re-applied for in the future? Current regulations lack clear guidelines on this matter, leading to confusion and potential continued abuse. Industry insiders suggest that the Golden Sun Project may be coming to an end. While there has been no official announcement, no new projects are expected this year. With the upcoming introduction of electricity-based subsidies, the focus is shifting toward on-grid tariffs, which are seen as a more sustainable model. In summary, the audit highlights serious flaws in the Golden Sun Project's implementation and raises questions about the long-term viability of one-time subsidies. As the industry moves toward more transparent and effective policies, the lessons learned from this scandal will play a crucial role in shaping the future of renewable energy development in China.

GH High Head Gravel Pump

1. Description of GH sand and gravel pump

Naipu G series Gravel and sand slurry pump is designed specifically for continuous pumping of extremely aggressive slurries, with a wide particle size distribution. Capable of handling large particles at consistently high efficiencies results in low cost of ownership. The large volume internal profile of the casing reduces associated velocities further increasing component life.

Typical Applications---

Slag Granulation
Suction Hopper Dredging
Dredging
Barge Loading
Sand Reclamation
Sugar Beet

2. Construction drawing for Naipu GH sand and gravel pump

3. Select chart of GH sand and gravel pump

4.Performance parameters of GH sand and gravel pumps

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