Baota Industry(SZ:000595) Ge Long Hui·2025-12-30 12:15Group 1 - The core point of the article is the joint development of a 920,000 kW photovoltaic project and a 280,000 kW wind power project by Ningxia Guoyun New Energy Co., Ltd. and its subsidiary, along with Ningxia Electric Power Investment Salt Lake New Energy Co., Ltd., in the same region, which will connect to the Changguan 330kV substation that commenced operation on June 27, 2025 [1] Group 2 - According to the requirements from the State Grid Ningxia Electric Power Co., Ltd., the two projects must configure three distributed phase-shifting machines of 50 MVar each at the 35kV side of the Changguan 330kV substation, with the photovoltaic project using two machines and the wind project using one [2] - The company has decided to implement the investment in phases, planning to first invest in one 50 MVar distributed phase-shifting machine in 2026, with a static investment total of 57 million yuan and a dynamic investment total of 58.5 million yuan [2] - The total investment for the phase-shifting machine will be shared between Ningguoyun Salt Lake and Electric Power Investment Salt Lake based on the capacity ratio of the projects (92:28), with Ningguoyun Salt Lake covering 76.67% of the total investment amounting to 44.852 million yuan, while Electric Power Investment Salt Lake will cover 23.33% amounting to 13.648 million yuan [2]