On September 27, Yunnan Energy Investment announced that Malong Yunneng New Energy Development Co., Ltd., a wholly-owned subsidiary of the company, intends to invest in the construction of Zhuyuan Photovoltaic Project in Malong District, Qujing City, with a construction scale of 50 MW. The gross investment for the project is RMB 237,668,700 yuan (including the working capital of RMB 1,763,900 yuan). According to
the data, the Zhuyuan photovoltaic site in Malong District is located in the hillside area near Dashan Village, Jiuxian Community, Jiuxian Street, Malong District, Qujing City, Yunnan Province, and Jiliangchong Village, Xiaying Village Committee, Yuewang Township. The overall planning of the project is that the AC side capacity is 50 MW and the DC side installed capacity is 58.7972 MWp. 550Wp monocrystalline silicon double-sided PV modules are used in the Project, and 320kW string inverters are proposed to be used. The AC output by the inverters in each array is connected to the bus at the low-voltage side of the box-type transformer, and the voltage is raised to 35 kV by one box-type transformer.
Yunnan Energy Investment said in the announcement that according to the feasibility study report of the project, the total investment of the project is 237.6687 million yuan (including liquidity of 1.7639 million yuan), and the financial evaluation is based on the price of electricity on the grid of 0.322 yuan/kWh and the annual interest rate of long-term loans of 3.5%, and the financial internal rate of return of the project capital is 8.28%. The investment recovery period (after tax) is 13.88 years, which meets the requirements of national policies and social development, and the project is technically feasible and economically reasonable.