Recently, the National Energy Administration released the national renewable energy green power certificate issuance and trading data in December 2025. In December 2025, the National Energy Administration issued 211 million green certificates, involving 688,700 renewable energy power generation projects, of which 150 million were tradable green certificates, accounting for 71.32%. In November 2025, 185 million green certificates corresponding to renewable energy were issued in this period, accounting for 87.72%. From January to December
2025, the National Energy Administration issued a total of 2.947 billion green certificates, including 1.893 billion tradable green certificates . The number of transactions in 2025 was 121.76 million, up 487% from 20.73 million in 2024. The average transaction price in 2025 was 5.15 yuan per unit, an increase of 360% over 1.12 yuan per unit in 2024.
Among them, from January to December 2025, the total number of green certificates issued by photovoltaic power generation was 672.13 million, accounting for 22.8% of the total number of green certificates issued in that year. In December
2025, the National Energy Administration issued 211 million green certificates, involving 688,700 renewable energy power generation projects, of which 150 million were tradable green certificates, accounting for 71.32%. In November 2025, 185 million green certificates corresponding to renewable energy were issued in this period, accounting for 87.72%. From January to December 2025, the National Energy Administration issued a total of 2.947 billion green certificates, including 1.893 billion tradable green certificates.
National Green Certificate Issuance List
II. Green Certificate Trading
In December 2025, 202 million green certificates were traded nationwide, including 22.75 million green certificates for green power trading. From January to December 2025, a total of 930 million green certificates were traded nationwide, including 250 million green certificates for green power trading. List of
National Green Certificate Transaction Quantity In December 2025, the average price of green certificate transaction in 2024 is 1.12 yuan, and the average price of green certificate transaction in 2025 is 5.15 yuan.
National Green Certificate Transaction Price List
Note: Due to "rounding", there may be a slight difference between the itemized total and the total.
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