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Reasons for the year-on-year growth of the Renewable Energy Development Fund

1. Policy support.

In recent years, governments around the world have been actively promoting the development of renewable energy and have introduced a series of policies and measures, including tax reductions, subsidies, quota systems, etc., to provide policy guarantee and support for the development of renewable energy.

2. Energy structure adjustment.

With the increasing popularity of environmental protection concepts and the growth of energy demand, more and more countries and regions are gradually turning to renewable energy and reducing their dependence on traditional fossil energy. This also provides good market demand for the development of renewable energy.

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