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Guangdong Hydropower: the sub company plans to invest in the construction of the 500MW agricultural, optical and storage integration project in Bailang County, Tibet


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Guangdong Hydropower announced in the evening that recently, the sub company Guangdong Guangdong Hydropower Energy Investment Co., Ltd. signed a tripartite agreement with the People's Government of Bailang County of Tibet Autonomous Region and Bailang Houzangqiyuan Agricultural Science and Technology Development Co., Ltd. (hereinafter referred to as "Bailang Agricultural Science and Technology"), namely, the Framework Cooperation Agreement on Investment Promotion for the 500 megawatt Agricultural Optical Storage Integration Project in Bailang County, Tibet. The subsidiary company plans to invest in the construction of a 500 MW agricultural optical storage integration project in Bailang County, Tibet Autonomous Region, with a total investment of about 2.5 billion yuan. In addition, the wholly-owned subsidiary Xinjiang Yuehe Hydropower Co., Ltd. plans to invest in the construction of a 100 MW new energy power generation project in Lanzhou New Area, Gansu Province, with a total investment of about 500 million yuan. The 100 MW centralized photovoltaic power generation new energy project has been filed by the Economic Development Bureau (Statistics Bureau) of Lanzhou New Area.

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