The total investment of the first phase is 4.39 billion yuan! Conch Cement continues to lay out new energy

2024-05-30 09:55:39

In the future, Conch Cement will continue to increase the use of clean energy such as photovoltaic power generation and wind power generation, reduce fossil energy consumption, continuously optimize the energy structure, and practice the concept of green and low-carbon development.

According to a recent report by Anhui News Network, the "new three" industries, such as new energy vehicles, lithium batteries and photovoltaics, have become an important economic growth point in Anhui. Chuzhou takes "double recruitment and double attraction" as its grasp and "new three kinds" as its focus to speed up the cultivation and formation of new quality productivity.

This is the construction site of Conch Photovoltaic Integration Project in Fengyang Economic Development Zone of Chuzhou City. The total investment of the first phase of the project is 4.39 billion yuan. Since the start of construction in October last year, it has entered the stage of steel structure installation. Li Jiangtao, the

project leader, told reporters that two photovoltaic glass kilns and supporting deep processing production lines are planned to be built here, and the project will achieve an annual production capacity of 750000 tons of photovoltaic glass, with an annual output value of 10 billion yuan. This project is an important part of the "chess game" of Conch Cement 's green transformation, and it is also the largest new energy project invested by Conch Cement at present. Li Jiangtao, deputy general manager

of Fengyang Conch Photovoltaic Technology Co., Ltd.: The perfect photovoltaic industry chain and abundant quartz sand resources here can greatly reduce our production costs, improve our competitive advantage, and the photovoltaic glass produced can be consumed locally.

It is understood that in recent years, Conch Cement has actively explored the layout of new energy industry, on the one hand, to meet the power demand of cement production in subordinate factories and achieve low-carbon green development, on the other hand, it is also difficult for the company to break through the main cement industry, and it is urgent to seek new industrial breakthroughs. In August

2021, Conch Cement acquired 100% equity of Conch New Energy held by Conch Investment Company at a transaction price of 443 million yuan, and Conch Cement took substantial steps in the layout of new energy. From October to December

2021, Conch New Energy independently invested in the establishment of 15 new energy companies, adding 19 photovoltaic power stations and 3 energy storage power stations, with an installed capacity of 200 MW.

In 2022 , the development progress of Conch New Energy business was accelerated, and the registered capital of Conch New Energy increased from 500 million yuan to 5 billion yuan. During the year, Conch New Energy independently invested in the establishment of 53 new energy companies, and the installed capacity of photovoltaic power generation was 475 MW at the end of the year.

In 2023 , Conch will further accelerate the integrated development of wind, solar and water storage in the new energy industry, actively extend to the upstream industry, and steadily lay out photovoltaic glass, modules and other photovoltaic midstream areas. By the end of 2023, the installed capacity of Conch Cement in operation was 542 MW, and the annual photovoltaic power generation was about 429 million kWh.

In the future, Conch Cement will continue to increase the use of clean energy such as photovoltaic power generation and wind power generation, reduce fossil energy consumption, continuously optimize the energy structure, and practice the concept of green and low-carbon development.

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