Gansu Energy: plans to invest 4.089 billion yuan to build the Minqin 1 million kilowatt integrated wind and solar power project.

Gansu Energy announced that its controlling subsidiary, Gansu Power Investment Minqin New Energy Co., Ltd., plans to invest in the construction of the Minqin 1 million kilowatt wind-solar integrated project. The total investment of the project is 4.089 billion yuan, with 20% of the total investment from capital and the rest from bank loans, etc. The project is expected to have an annual average grid-connected electricity generation of 1.099 billion kilowatt-hours for the wind power project and 1.015 billion kilowatt-hours for the photovoltaic project. The total construction period of the project is 24 months, and the site is located in Nanhu Town, Minqin County, Wuwei City, Gansu Province.