This　paper　applies　DEA　model　to　study　the　efficiency　and　return　of　China＇s　new　energy　industry.　The　study　finds:　in　the　east　area,　the　efficiency　of　financing＇s　total　average　reached　more　than　0.75　and　its　pure　technical　efficiency　is　over　0.80.　Moreover,　its　average　is　the　highest　and　its　undulation　is　the　minimum　over　the　years.　Although　there　are　9　west　samples　fitted　the　best,　their　total　average　is　minimum.　These　results　show　that　different　provinces　and　companies　have　a　major　difference　in　efficiency.