Jiaze Renewables(SH:601619) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-02-25 22:43Core Viewpoint - The company has received approval for the construction of a biomass power generation project to support its green hydrogen and methanol production initiative in Jidong County, Heilongjiang Province [1][3]. Group 1: Project Overview - The project involves the construction of a 300,000-ton green hydrogen and methanol co-production facility, along with a biomass power generation project [1][3]. - The project will include the installation of three 160t/h high-temperature and high-pressure circulating fluidized bed straw boilers, a 30MW condensing steam turbine generator, and a 15MW back-pressure steam turbine generator, totaling an installed capacity of 45MW [3]. Group 2: Financial Details - The total investment for the project is 540.66 million yuan, with 162.198 million yuan sourced from the company's own funds, accounting for 30% of the total investment; the remaining funds will be secured through loans [3]. Group 3: Compliance and Regulations - The project must adhere to national energy conservation and environmental protection laws, ensuring no coal or fossil fuels are used in the biomass power generation [3][4]. - All construction activities must comply with the national bidding laws, and all major components must be procured through public bidding [3][4]. Group 4: Project Timeline and Conditions - The project must commence construction within two years of the approval date, with a possible one-year extension if necessary [4]. - The company is required to complete all necessary permits and approvals related to planning, land use, resource utilization, environmental assessments, and safety before starting construction [4].