Core Insights - Huaneng (Yongxin) Pumped Storage Co., Ltd. was officially established in Yongxin County, Jiangxi Province, marking Huaneng's first pumped storage project and a key initiative under China's 14th Five-Year Plan [1][3] Group 1: Project Overview - The Yongxin pumped storage project has a total investment of 7.823 billion yuan, with an installed capacity of 1.2 million kilowatts (4×300,000 kilowatts) [4] - The project is designed as a daily regulation pure pumped storage power station, with a continuous full-load operation duration of 6 hours [4] - Upon completion, the power station is expected to generate an annual electricity output of 1.296 billion kilowatt-hours, saving approximately 420,000 tons of standard coal and reducing carbon dioxide emissions by about 1.06 million tons [4] Group 2: Strategic Importance - The project is a significant step for Huaneng in achieving its "dual carbon" goals and aligns with the new power system construction initiatives in Jiangxi Province [3] - Huaneng Jiangxi Branch aims to develop Yongxin into an important integrated clean energy base, combining wind, solar, and water storage [3] - The local government emphasizes its commitment to supporting the project through favorable policies and a conducive environment, aiming to make it a model project recognized by the community [3]