Solar Energy: Plans to Invest ¥471 Million in Photovoltaic Project with a Yield of 6.01%
On March 25, Solar Energy announced its intention to invest in the construction of the China Energy Conservation Solar Mu Ping Phase I 100 MW photovoltaic composite power generation project, with a total planned investment of approximately ¥471 million. This project is located in Yantai City, Shandong Province and will utilize an agricultural-solar complementary model, with a planned ratio of 1.2:1.
The project has already obtained the necessary construction project filing certificate from Shandong Province and the 100 MW construction quota. The anticipated internal rate of return on investment is 6.01%, with a payback period (after tax) of 13.5 years. The project’s capital will be injected through shareholder capital increase, with total financing not exceeding ¥373 million. Additionally, agreements regarding land and power connection review opinions still need to be signed.
Special Statement: This article is uploaded and published by a user on the NetEase Hao platform, representing only the author’s views. NetEase solely provides an information publishing platform.
