The vast expanse of unused desert land in the Tengger Desert along the Hexi Corridor is embracing new opportunities for green development. Two large-scale clean energy stations will be established on the barren Gobi deserts in Liangzhou District and Minqin County of Wuwei. In alignment with the national renewable energy development strategy, Gansu Energy, in collaboration with China Resources Power, has launched a 4 million-kilowatt wind and solar project with a total investment exceeding 12.9 billion yuan. The project will be constructed in phases and batches, with the initial phase commencing with the launch of a 1 million-kilowatt photovoltaic and all wind power projects. Upon completion, the project will continuously generate green electricity, revitalize unused desert resources, expand the company's new energy assets, and promote green and low-carbon development in the region.

The project is of a massive scale

This plan includes two major projects: a 3 million kilowatt photovoltaic project at Liangzhou Jiudun Beach and a 1 million kilowatt wind power project at Minqin Nanhu. The total dynamic investment for the two projects is 1,291,713,430 yuan, with the photovoltaic project investing 903,030,050 yuan and the wind power project investing 388,683,380 yuan. The capital fund for both projects accounts for 20% of the total investment, and the remaining funds will be raised through bank loans. A 24-month construction period is uniformly set. The projects will be developed in batches, with priority given to the implementation of the 1 million kilowatt photovoltaic project and all wind power projects. The remaining photovoltaic installations will commence gradually as the power grid is improved.

The project has a solid foundation for profitability

The Liangzhou 3,000 MW photovoltaic plant can generate an average of 484,142,770 kWh of electricity annually. Based on the benchmark electricity price, the after-tax investment recovery period is 13.82 years, and the financial internal rate of return on capital is 9.9%. The Minqin 1,000 MW wind farm generates an average of 194,266,800 kWh of electricity annually. Under the benchmark calculation, the after-tax recovery period is 12.68 years, and the return on capital is 12.35%. The project has stable power generation income, which can continuously increase the company's power generation business revenue and expand the proportion of new energy assets.Keywords: Wind power energy network,Gansu energy, large wind and solar base

Multiple industrial development values

The project, once implemented, can fully utilize the idle land resources in the Wuwei Desert, transforming desert resources into green power generation capacity and continuously expanding the scale of regional green power output. For enterprises, it can significantly expand the total installed capacity of wind and solar power, optimize their energy business structure, and solidify the foundation of their clean energy main business. In the long run, the project will continue to stably supply green power, assist the northwest region in upgrading its energy structure, and provide strong support for the long-term development of local green industries.Editor/Li Xiaohua