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* ST Nanzhi voted to build 20MW PV project

release time:

2021-09-15

* ST Nanzhi voted to build 20MW PV project

[China Wire & Cable Network] * ST Nanzhi June 9 evening announcement, a wholly owned subsidiary of Fujian Fujian Energy Investment Co., Ltd. will increase their investment in Fujian and its wholly-owned subsidiaries (Hami) Energy Co., Ltd. its registered capital increased to 35 million yuan by the 10 million yuan. Hami energy company after the completion of the capital increase, responsible for the development and construction of the Xinjiang Production and Construction Corps, a 20MW PV projects with a total investment of 172 million yuan.

It is reported that the investment is the company's first foray into the field of photovoltaic power plants, but also the company achieved in the Xinjiang region's first new energy projects. The project is a large-scale grid-connected photovoltaic power plants, planning capacity 20MWp, including solar photovoltaic power generation systems and corresponding supporting Internet access, Xinjiang power generating capacity by the company responsible for the acquisition and sales.

The project is located in Xinjiang third division Red Star two games, rich solar energy resources to provide adequate resources for the PV plant illumination. Preliminary estimates, the photovoltaic power generation system project for 25 years total power generation of about 761,690,000 kWh, the annual average generating capacity of 30.47 million kWh, equivalent utilization hours of 1523h.

As the project is located in the Xinjiang Hami execution price is 0.9 yuan per kilowatt. All financial internal rate of return (after tax) of 7.14%, investment recovery period (after tax) is 10.68 years, own funds 10.22% internal rate of return.

* ST Nanping Paper said that to achieve in the Xinjiang region's first new energy projects, to establish industry brand in Fujian energy, drive Changji, dabancheng other areas of wind power, photovoltaic project development is important.