CZ Electric International has announced plans to invest in 26 distributed photovoltaic projects to support its business growth. This initiative will be carried out through its wholly-owned subsidiary, CZ Electric New Energy, which aims to enhance the company’s power supply and reduce electricity procurement costs.
One of the key projects is the CZ Dahan Home Building Materials Electromechanical City, where CZ Electric New Energy intends to develop a distributed photovoltaic power station utilizing 30 concrete rooftops and some vacant land. The rooftop area measures approximately 83,000 square meters, while the vacant land covers around 17,000 square meters, with a planned installed capacity of 18,980 kWp. The total investment for this project is estimated at 72 million yuan, which has been approved through CZ Electric International’s investment decision-making process.
Additionally, there are nine distributed photovoltaic projects planned for Yizhang County. The subsidiary Hunan Cheni New Energy Co., Ltd. plans to utilize ten market venues, including the Huangsha Market, Dongfeng Market, and others, for the construction of these projects. The total area for these installations will be approximately 30,011 square meters, with a planned installed capacity of 5,312.16 kWp. The total investment for these nine projects is 18.92 million yuan, which has also received approval.
Moreover, the first batch of seven distributed photovoltaic projects will utilize public property sites in Yizhang County, covering an area of about 47,549 square meters and with a planned capacity of 10,913.86 kWp. The total investment for these projects amounts to 37.46 million yuan, also approved through the required procedures.
The second batch of nine distributed photovoltaic projects will similarly use public property in nine different townships across Yizhang County, covering an area of approximately 38,695 square meters and with a planned capacity of 8,881.5 kWp. The total investment for these nine projects is 30.28 million yuan, which has been approved as well.
For any news tips or submissions, please contact Ms. Chen via WeChat or mobile at 13693626116 or email at chenchen@bjxmail.com.
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