Xuwen Hexi New Energy Co., Ltd.：
Overall aerial view of the Photovoltaic Power Generation Project in Xuwen Hexi Reservoir
Xuwen Hexi New Energy Co., Ltd. was established in 2016. The company has a professional team for new energy development and operation management, which is strongly cohesive and highly responsible, supported by a wide range of commercial and social resources. The company has been primarily focusing on the development of new energy projects and the operation of new energy power stations.The company is located in the Economic Development Zone of Xuwen County, Zhanjiang, Guangdong. It is the owner of the 50MW(DC side 65MWp) Photovoltaic Power Generation Project in Xuwen Hexi Reservoir. The project is located between County Road 702 and Township Road 251, covering an area of 200 acres. The location is extremely convenient and suitable for transportation.
After the project is operated for production, it is expected that the total power generation will reach 2.2 billion kWh in the 25-year operational period, accompanied with 1 billion yuan($150.03 million)of operating revenue, and will provide 110 million yuan($16.5 million) of taxes for the local government. Moreover, the project will contribute to the energy and environment conservation by saving about 1.8439 million tons of standard coal and reducing emission of 2.3823 million tons of carbon dioxide(CO2), 20,300 tons of sulfur dioxide(SO2), 297,000 tons of soot, 4,050 tons of nitrogen oxides, and 831,300 tons of ash deposition each year.
Zhuhai Yuechuang New Energy Investment Co., Ltd.:
Zhuhai Yuechuang New Energy Investment Co., Ltd. was established in 2021, is an investment enterprise filed in the Compound Photovoltaic Power Generation Project in Nanshui Town.Recently, the company has been committed to developing the photovoltaic power generation and energy storage business in Zhuhai City, and has completed the investment filing, feasibility investigation, application for the industrial park entry, engineering construction plan for the Compound Photovoltaic Power Generation Project in Nanshui Town. At present, the company has been focusing on the report compilation of project access system, planning of outbound routes, declaration of construction land for booster stations and energy storage power stations, management of compliance documents, preparation of special projects and topics, preliminary design and selection of construction units, etc. The project is scheduled to commence construction in October 2023.
The company plans to invest 750 million yuan ($104.01 million) to construct the Compound Photovoltaic Power Generation Project in Nanshui Town and the associated grid-connected energy storage station project. To start it, we’ll build another new energy generation operation company with a total intended registered capital of 100 million yuan($13.87 million), starting with an early registered capital of 10 million yuan($1.39 million) and planning to complete the remaining capital-increase by 2024. The project will occupy an area of 308.06 acres and involve a photovoltaic power station with an installed capacity of 160MW, capable of generating 200 million kWh annually in an operation period of 25 years. Additionally, the grid-connected energy storage station has been planned for an installed capacity of 50MW and an operation period of 50 years, fully integrated into the Southern Power Grid.
After project commissioning, an estimated annual revenue of 150 million yuan is anticipated, with a yearly profit of approximately 19.6 million yuan($2.69 million), which will provide an annual tax contribution of 21 million yuan($2.88 million) for the local government. The project is located near the Dajiwan waters, south of Nanshui Town, Zhuhai City, and to the east of 313 Township Road. For energy and environment conservation, the project is expected to save about 68,200 tons of standard coal, while reducing emission of carbon dioxide(CO2) by 146,600 tons, sulfur dioxide(SO2) by 1,630 tons, soot by 24,000 tons, nitrogen oxides by 320.95 tons and ash deposition by 29,000 tons every year.
Zhuhai Yuekong New Energy Investment Co., Ltd.：
Zhuhai Yuekong New Energy Investment Co., Ltd. was established in 2021, which is the owner of the “5.6MW Rooftop Distributed Photovoltaic Power Generation Project of Toyocolor Co., Ltd. in Fushan industrial Park, Zhuhai”.
The project successfully achieved full grid connection on December 9, 2022. With an installed capacity of 5.6MW and a total investment of 22 million yuan($3051.06 thousand), the project generates an annual electricity output of 6.44 million kWh, yielding an annual revenue of 5.15 million yuan($762.715 thousand). The project is designed to operate for 25 years, following an energy management contracting (EMC) mode of "self-supply/ on-site generation, surplus back to the grid". For energy and environment conservation, the project is expected to save about 1,950 tons of standard coal, while reducing emission of carbon dioxide(CO2) by 4,800 tons, sulfur dioxide(SO2) by 150 tons, soot by 30 tons, nitrogen oxides by 75 tons every year.