On July 31, 2024, Guiguan Power issued an investment announcement, announcing that the company will spend nearly 1.763 billion yuan to deeply layout the field of new energy power generation. Among them, the 115MW Xiaopingyang photovoltaic project and the 200MW Gaudeling Wind Farm project are parallel, jointly building a new chapter of the company's new energy territory.

The Small Pingyang photovoltaic project, as an important part of the company's new energy strategy, with a total investment of about 485 million yuan, aims to capture the unlimited potential of sunlight and convert it into clean and efficient electricity. The Gaudeling Wind Farm project, with a huge amount of 1.278 billion yuan, shows the company's firm determination for the in-depth development of wind energy resources. The two projects complement each other, and the total investment scale is as high as 1.763 billion yuan, indicating the ambition and strong strength of Guiguan Power in the field of new energy.

The two projects will achieve self-sustaining operation after completion, and the power generation will be fully absorbed by Guangxi Power Grid, contributing to the optimization and upgrading of the regional energy structure. It is estimated that during the operation period of the project, its financial internal rate of return on all investments exceeds 6%, demonstrating the excellent profit prospect and sustainable development ability of the project.

This investment is not only a practical action of Guiguan Power to actively respond to the call of national energy transformation, but also a key measure for the company to expand new energy business and enhance comprehensive competitiveness. With the steady advancement and production of the project, the installed scale of new energy of Guiguan Power will be significantly expanded, bringing new profit growth points to the company and helping enterprises achieve higher quality development.Editor/Zhang Liyuan