POWERCHINA Ltd(SH:601669) Sou Hu Cai Jing·2025-11-21 11:46Core Viewpoint - The signing of a cooperation agreement between Chengdu Eastern New District and China Electric Power Construction Group's geothermal development subsidiary marks the establishment of the first "geothermal+" comprehensive energy regional headquarters in Chengdu Eastern New District, emphasizing the importance of integrating geothermal energy with other clean energy sources to support a modern energy system [1][3]. Group 1 - The "geothermal+" comprehensive energy model integrates geothermal energy with photovoltaic, wind power, and energy storage, becoming a crucial support for a clean, low-carbon, safe, and efficient modern energy system [1]. - China Electric Power Construction Group's geothermal subsidiary is the only investment platform for distributed energy, focusing on creating a full industrial chain for clean energy supply [1]. - The investment in the Western Regional Headquarters will amount to 4.65 billion yuan, which will include an equipment manufacturing center and an integrated smart energy system [1][3]. Group 2 - The Western Regional Headquarters will serve as a showcase for China Electric Power Construction Group's clean energy business, incorporating planning, research, production, and settlement functions [3]. - The comprehensive smart energy system will provide services such as centralized cooling and heating, new energy storage, virtual power plants, rooftop photovoltaics, energy management, and charging stations, effectively meeting the long-term power supply needs of surrounding industries, businesses, and residences [3]. - The project aims to establish a national model for zero-carbon industries and a benchmark for cooperation between central and local governments, leveraging the accessibility of Tianfu International Airport to expand clean energy equipment display and export businesses to markets in the Middle East, Europe, and Southeast Asia [3]. Group 3 - The establishment of the Western Regional Headquarters and the comprehensive smart energy project will promote the low-carbon transformation of energy consumption, the cleanliness of energy supply, and the efficiency of energy utilization in the Chengdu Eastern New District [3]. - This initiative will provide strong support for the energy upgrade and high-quality industrial development of the New District, addressing the increasing demand for stable, reliable, and low-carbon energy solutions as the construction of Chengdu Eastern New District accelerates [3].