The Guizhou Shuanglong Airport Economic Zone recently signed an agreement with China Power (Shandong) New Energy Investment Co for the Guizhou China Power Shuanglong Airport Comprehensive Energy Project.
The signing ceremony between the Guizhou Shuanglong Airport Economic Zone and China Power (Shandong) New Energy Investment Co is held. [Photo/WeChat account of Guizhou Shuanglong Airport Economic Zone]
China Power (Shandong) New Energy Investment Co is an investment platform under China Power International Development Limited. It is responsible for the development, investment, construction, and operation of comprehensive smart energy projects.
The company plans to establish a foreign-invested enterprise in the Shuanglong zone through market-oriented operations.
It will utilize the roof resources of some factories in the Shuanglong zone and throughout Guiyang to develop, construct, and operate distributed photovoltaic and other comprehensive energy projects.
The project will receive an investment of 800 million yuan ($109.45 million), including approximately 720 million yuan in fixed asset investment and about $20 million in foreign investment. The first phase of the project will cover an area of approximately 300,000 square meters with an investment of 270 million yuan.