Solar energy: It is planned to invest 1.7 billion yuan to build the first phase of the project of electrochemical energy storage + market-oriented grid-connected photovoltaic power generation.

In the evening announcement of

June 20, the company's holding subsidiary, China Energy Conservation (Chabuchar) Solar Energy Technology Co., Ltd. Invest in the construction of Chabuchar County Electrochemical Energy Storage + Market-oriented Grid-connected Photovoltaic Power Generation Phase I 300 MW Project (hereinafter referred to as Chabuchar County Phase I Project), with a total planned investment of about 1.71 billion yuan, of which the capital is about 340 million yuan, and the total financing required is about 1.37 billion yuan.

Solar energy introduced that in 2022, the company successfully developed a 250000 kilowatt/1 million kilowatt-hour all-vanadium flow battery energy storage + 1 million kilowatt-hour market-oriented grid-connected photovoltaic power generation project (hereinafter referred to as the Chaxian project) in Chabuchar County with a total scale of 1 GW, and obtained the filing documents of the Development and Reform Commission. The overall plan of the project in Chaxian County is divided into three phases of investment and construction. This time, the first phase of the project with a scale of 300 MW is planned to be invested and constructed, namely the first phase of the project in Chaxian County.

The first phase of the project is located in Chaxian County, Yili Prefecture, Xinjiang, which belongs to the second class area of solar energy resources in China. The total annual radiation under the best inclination angle of the project site is about 6,265.7 MJ/m2. The project is a muguang complementary photovoltaic power generation project, with a planned installed capacity of 300 MW, mainly for the construction of 300 MW photovoltaic power stations and power collection lines. At the same time, it is planned to build a new 220 kV collection station, a new 30 km 35 kV transmission line, and a 75 MW/300 MWh electrochemical energy storage system and its supporting facilities.

By the end of 2022, the Company will operate about 4.347 gigawatts of power stations, build about 1.784 gigawatts of power stations, and plan to build or acquire about 2.807 gigawatts of power stations, totaling about 8.938 gigawatts.