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Another major investment is made, Sichuan Chuantou Energy plans to invest over 8 billion yuan to build a pumped storage power station in Hubei | Quick read announcement.
① Sichuan Chuantou Energy plans to invest nearly 8.2 billion yuan to build the Yuanan pumped storage hydropower station in Hubei; ② The company announced last October a plan to increase its investment in the Yalong River hydropower project by 7.2 billion yuan.
Express News | Sichuan Chuantou Energy Says It Will Invest in Pumped-Storage Hydroelectricity Project Worth Total of 8.2 Bln Yuan
Express News | Sichuan Chuantou Energy Says It Will Buy 87% Stake in Energy Storage Company for 147.9 Mln Yuan
Sichuan Chuantou Energy (600674.SH): plans to acquire 87% equity in the Yuan'an pumped storage and invest in the Hubei Yuan'an pumped storage power station.
On January 20, Gelonghui reported that Sichuan Chuantou Energy (600674.SH) announced that in order to further enhance the company's core competitiveness and influence in the clean energy sector, the company will publicly acquire 87% equity in the Yuanan Pumped Storage held by Three Gorges Construction with Cash / Money Market (0.1479 billion yuan), and Yuanan Pumped Storage will serve as the investment entity for the construction of the Hubei Yuanan Pumped Storage Power Station, with a total project investment of 8.199 billion yuan. The Hubei Yuanan Pumped Storage Power Station is located within the Huailing Temple area of Yuan'an County, Yichang City, Hubei Province, and is approximately 45 km and 253 km away from Yichang City and Wuhan City, respectively. The installed capacity of the power station is 1200.
Sichuan Chuantou Energy's Yinjiang Hydropower Station's First Unit Starts Trial Operation
Sichuan Chuantou Energy (600674.SH): The first unit of the Yinjing hydropower station has been put into operation.
On December 31, Gelonghui reported that Sichuan Chuantou Energy (600674.SH) announced that it recently received a report from its holding subsidiary, Panzhihua China Resources Hydropower Development Co., Ltd., stating that the first unit of the Jinsha River Yinjiang Hydropower Station has entered 72 hours of trial running and is about to commence commercial operation. The Yinjiang Hydropower Station is located on the Panzhihua section of the middle reaches of the Jinsha River and is the last stage of hydropower development in the middle reaches of the Jinsha River. The dam site is located in the main urban area of Panzhihua City, Sichuan Province, with the upstream stage being the Jinsha Hydropower Station and the downstream stage being the Wudongde Hydropower Station. It is a key clean energy project in Sichuan Province and, once in operation, it will help Sichuan Province achieve its "carbon peak and carbon..."