The total investment is over 7 billion yuan! Electric power state-owned enterprise plans to build 1.5g W photovoltaic and wind power project base!

On July 17, Jingneng Electric Power issued an announcement on the plan of issuing a shares to specific targets in 2026.

The announcement shows that Jingneng Electric Power intends to raise no more than 5 billion yuan. The net proceeds after deducting the issuance expenses are intended to be invested in: Hebei Jingneng Zhuozhou Thermal Power Expansion Project, Wulanchabu Jingda 1500MW "Wind, Solar, Thermal and Storage Integration" Large-scale Wind Power and Photovoltaic Base Project , Acquisition of 40% equity interest in Shiyan Thermal Power held by Beijing Energy Group and replenishment of working capital and repayment of debts.

In particular, Jingneng Power plans to invest RMB7,147,555,700 in the construction of a 1500MW "Wind, Solar, Thermal Storage Integration" large-scale wind power photovoltaic base project in Wulanchabu, Inner Mongolia. The project plans to use the raised funds of RMB 1,161 million, with a planned total installed capacity of 1,500 MW , including 1,200 MW for wind power construction and 300 MW for photovoltaic construction.

Beijing Power said the project would be implemented by its holding subsidiary, Jingda New Energy. At present, the project has obtained the Reply on the Approval of Wulanchabu Jingda 1500MW "Wind, Solar, Thermal Storage Integration" Large-scale Wind Power and Photovoltaic Base Project (Wu Fa Gai Pi Zi [2026] No.27) issued by Wulanchabu Municipal Development and Reform Commission, and the EIA approval documents are being processed.