Core Viewpoint - Hainan Province is leading in energy transition with renewable energy installations reaching 12.08 million kilowatts, accounting for 47.8% of the total installed capacity in the province [1] Group 1: Renewable Energy Development - Hainan has significantly advanced its "Clean Energy Island" initiative, leveraging its abundant wind and solar resources [1] - The current renewable energy installations in Hainan include 2.17 million kilowatts of wind power, 9.45 million kilowatts of solar power, and 460 thousand kilowatts of biomass energy [1] - Since 2025, Hainan has added 3.71 million kilowatts of new grid-connected capacity, surpassing the 12 million kilowatt mark in total installed capacity [1] Group 2: Energy Storage Integration - Hainan is actively promoting the "renewable energy + energy storage" model, having completed an energy storage capacity of 1.247 million kilowatts [1]

Group 1 - Shandong Energy Group New Energy Group Co., Ltd. was officially launched on April 25, marking a significant step in the development of the new energy power industry for Shandong Energy Group [1] - The company has a registered capital of 981 million yuan and is responsible for power supply assurance, planning, technical guidance, and external coordination within the energy sector [1] - The total installed capacity of the company is 20.71 million kilowatts, with total assets amounting to 56.947 billion yuan, making it the largest power enterprise under Shandong Province [1] Group 2 - The company aims to become a publicly listed entity and is focusing on integrated coal and electricity operations, as well as the development of clean energy sources [2] - Strategic layouts include four major bases for offshore wind power, integrated wind-solar-storage, photovoltaic power in subsided mining areas, and renewable energy bases for external power supply [2] - The shareholders of the new energy group are Shandong Energy Group Co., Ltd. (93.8838%) and Yanzhou Coal Mining Group (6.1162%) [4]