Core Viewpoint - Yunnan Energy Investment has successfully connected two wind power projects to the grid, marking a significant milestone in its renewable energy expansion efforts [1] Group 1: Project Details - The first phase of the Yongning Wind Power Plant expansion in the Luxi area has connected 2 units with a total installed capacity of 12.5 MW, while the Mili area has connected 3 units with a total capacity of 21.45 MW [1] - The total installed wind power capacity of Yunnan Energy Investment has reached 1.85435 million kW, with total renewable energy capacity (including wind and solar) increasing to 2.03035 million kW [1] Group 2: Resource Advantages - The Luxi area has a total installed capacity of 235 MW, expected to generate 518 million kWh annually, with an equivalent full-load hour of 2205 hours [2] - The Mili area has a total installed capacity of 230 MW, expected to generate 529 million kWh annually, with an equivalent full-load hour of 2300 hours [2] - Both project areas have utilization hours significantly above the industry average of 2127 hours for 2024, indicating strong natural resource advantages [2] Group 3: Strategic Significance - The grid connection of these projects aligns with national and provincial energy strategies, enhancing the company's core competitiveness and supporting its "14th Five-Year Plan" goals [3] - The projects are expected to stimulate regional economic growth and contribute to Yunnan's carbon neutrality targets [3] Group 4: Development Pipeline - Yunnan Energy Investment has a robust pipeline of projects, including a 67000 kW wind power expansion and an 85 MW solar project, which are progressing steadily [4] - The company is also increasing efforts to identify quality resources for future project development, ensuring continued growth in renewable energy assets [4] Group 5: Industry Outlook - The renewable energy sector is experiencing multiple favorable conditions, including supportive government policies and decreasing generation costs, enhancing market competitiveness [5] - Research indicates that wind power has a pricing advantage in the electricity market due to its smooth output curve and lower cost per kWh compared to solar [5] Group 6: New Growth Areas - Yunnan Energy Investment is exploring new avenues in renewable energy, including a 350 MW compressed air energy storage project and sodium-ion battery systems [6] - The full-capacity operation of the Yongning Wind Power Plant and the launch of additional projects are expected to further enhance the company's growth potential in the renewable energy sector [6]