NARI-TECH(SH:600406) Yang Shi Wang·2025-08-20 09:31Core Points - The first approved renewable energy transmission project in China, the Ningxia to Hunan ±800 kV UHVDC project, has commenced operation, capable of delivering over 36 billion kWh annually, sufficient for over 10 million households' electricity needs [1][3]. Group 1 - The "Ningdian Ru Xiang" project spans 1,616 kilometers, connecting Ningxia to Hunan, with a total investment of 28.1 billion yuan, and includes two new converter stations [3]. - The project is designed to prioritize renewable energy, with over 70% of the installed capacity coming from renewable sources, supporting large-scale development of the Shage Desert renewable energy base [3][5]. - Upon operation, the project will enhance Ningxia's electricity export capacity to 20 million kW, significantly improving the region's ability to absorb renewable energy [5]. Group 2 - The project will increase Hunan's electricity supply by approximately one-sixth, bolstering the economic competitiveness of high-energy industries such as advanced manufacturing and data centers [5]. - All equipment for the project has been domestically manufactured, ensuring stable and reliable operation, and it features significant technical advancements in UHV cross-intersection technology [7].