Zheng Quan Ri Bao·2025-09-05 00:13Core Viewpoint - The announcement from Gansu Energy highlights the company's investment in a 1 million kW integrated wind and solar project, reflecting a broader trend among listed companies to increase investments in renewable energy projects driven by policy and market factors [1][2]. Group 1: Company Initiatives - Gansu Energy's subsidiary plans to invest 4.089 billion yuan in the Minqin wind-solar integrated project, which will have a total installed capacity of 1 million kW, split evenly between wind and solar [1][2]. - The expected annual electricity generation from the wind project is 1.099 billion kWh, while the solar project is projected to generate 1.015 billion kWh [2]. - The project is anticipated to have a payback period of 14.91 years and a financial internal rate of return of 6.76% [2]. Group 2: Industry Trends - The surge in investments in renewable energy projects is driven by four main factors: supportive national policies under the "dual carbon" goals, increasing market demand for clean energy, technological advancements reducing costs, and strategic needs for energy security [3]. - As of the first half of the year, the total installed power generation capacity in China reached 3.65 billion kW, marking an 18.7% year-on-year increase, with solar and wind capacities growing by 54.2% and 22.7%, respectively [3]. - The industry is transitioning from a phase of "scale expansion" to "quality priority," necessitating companies to enhance technology development and explore new operational models [4][5].