Beijing Jingneng building 1 GW of wind, solar with storage space as well as some hydrogen production
- Beijing Jingneng Clean Energy Co Ltd (HKG:0579) on Tuesday introduced that it recently started building of 1 GW of wind as well as solar projects in Inner Mongolia with some energy storage capability.
One of both projects, the 500-MW Abag Banner Project, will also produce hydrogen.
The total financial investment will certainly be roughly CNY 7 billion (USD 1.1 bn/EUR 971m), the Chinese energy company claimed. All approvals remain in place, with completion of both complicateds anticipated by the end of 2023.
Even more details on the projects are offered in the table listed below.
"There could be unpredictability of the building of the Projects, consisting of the building durations and construction costs. Shareholders as well as possible capitalists are suggested to exercise caution in selling the safety and securities of the Company," Beijing Jingneng Clean Energy added.