DT新材料·2025-10-10 16:04Core Insights - On October 10, China Energy Engineering Group and China Power Construction Group announced the signing of wind and solar projects totaling approximately 31.27 billion yuan [2] - China Energy Engineering's subsidiaries signed three new energy general contracting agreements in Saudi Arabia, with a total contract value of about 2.745 billion USD, equivalent to approximately 19.55 billion yuan [2] - China Power Construction Group's subsidiaries signed contracts for two solar IPP projects in Saudi Arabia, with contract values of approximately 5.843 billion yuan and 5.876 billion yuan respectively [2][3] Group 1 - The joint venture formed by China Energy Engineering and Saudi companies signed contracts for the following projects: - 1GW wind project worth 663 million USD with a construction period of 26 months - 2GW wind project worth 1.251 billion USD with a construction period of 30 months - 2GW solar project worth 831 million USD with a construction period of 26 months [2] Group 2 - The projects located in the Afif town of Riyadh Province, Saudi Arabia, include the construction of a 2000MW solar field, a 33/132kV booster station, 132kV outgoing lines, and related infrastructure, with a contract duration of 26 months for both solar projects [3]