GEPIC(SZ:000791) Zheng Quan Shi Bao·2025-09-03 18:13Core Viewpoint - Gansu Energy plans to invest in a 1 million kW integrated wind and solar power project in Minqin, with a total investment of 4.089 billion yuan, aiming to expand its renewable energy generation capacity and respond to national policies promoting renewable energy development [2]. Investment Project Details - The project includes the construction of a 500 MW wind power plant and a 500 MW solar power plant, with a total construction period of 24 months [2]. - The project is expected to generate an average annual electricity output of 1.099 billion kWh from wind and 1.015 billion kWh from solar [2]. - The investment recovery period after tax is estimated to be 14.91 years, with a financial internal rate of return of 6.76% [2]. Company Operations and Financials - As of mid-2025, Gansu Energy's total installed capacity is 7.5397 million kW, including 4 million kW from thermal power, 1.7002 million kW from hydropower, 1.1035 million kW from wind power, and 736,000 kW from solar power [3]. - The company reported a total electricity generation of 12.637 billion kWh in the first half of the year, remaining stable compared to the previous year, with a sales volume of 12.160 billion kWh [3]. - The company’s market transaction electricity volume reached 12.062 billion kWh, accounting for 99.19% of total sales, an increase of 1.31 billion kWh year-on-year [3].