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GD Power Development to Invest 2.59 Billion Yuan Into 500MW Offshore Photovoltaic Power Station
Express News | GD Power Development Says It Plans to Invest a Combined 16.6 Bln Yuan in Hydropower Station, Pumped Storage Power Station Projects
GD Power Development (600795.SH): Plans to invest in the construction of the Changli 0.5 million kilowatt offshore photovoltaic pilot project.
On December 13, Gelonghui reported that GD Power Development (600795.SH) announced that the Changli offshore photovoltaic project is developed, constructed and operated by its wholly-owned subsidiary GD Power Development Changli New Energy Development Co., Ltd. (referred to as "Changli New Energy"). The dynamic total investment of the project is 2,591.6445 million yuan, with a capital contribution ratio of 30%, while the remaining amount will be secured through Banks loans. Based on the dynamic total investment, the company will allocate 777.4934 million yuan as capital contribution to Changli New Energy for the construction and operation of the Changli offshore photovoltaic project. The 0.5 million kilowatt offshore photovoltaic pilot project in Changli is a key preliminary project and a major project in Hebei Province.
Insufficient Growth At GD Power Development Co.,Ltd (SHSE:600795) Hampers Share Price
China Merchants: The potential performance elasticity of Guoneng Dadu River exceeds 16%, with installed capacity growth and joint dispatch bringing high growth potential.
Against the backdrop of rapidly growing electricity consumption in the Sichuan-Chongqing region and the continuous increase in the proportion of market-based trades in the local area, the market-based trading price of hydropower in Sichuan is expected to rise.
Can GD Power Development Co.,Ltd's (SHSE:600795) ROE Continue To Surpass The Industry Average?
A Note On GD Power Development Co.,Ltd's (SHSE:600795) ROE and Debt To Equity
