Tebian Electric Apparatus Announces Over 1.92 Billion Yuan Investment in Renewable Energy Projects

On December 22, Tebian Electric Apparatus Stock Co., Ltd. announced that its holding company will respectively invest in the Hebei Photovoltaic Energy Storage Project and the Anhui Wind Energy Storage Project, with a total investment of over 1.92 billion yuan.

Tebian Electric Apparatus stated that in order to seize market opportunities and accelerate the development of wind and solar resources, its holding company Chengde Fengsheng Photovoltaic Power Generation Co., Ltd. and Sui County Mingyuan Guangsheng Wind Power Generation Co., Ltd. will respectively invest in the construction of the Shanggu 200MW Agricultural Light Storage Project and the Sui County 100MW Wind Storage Project, with total investments of 1,086.58 million yuan and 836.08 million yuan respectively.