立新能源(001258) - 001258立新能源投资者关系管理信息20251210

Group 1: Company Overview - As of June 30, 2025, the total installed capacity of the company's operational renewable energy projects is 2.734 million kW, including 1.7205 million kW from wind power, 0.8535 million kW from solar power, and 0.16 million kW from independent energy storage [2] - The approved projects under construction include a total installed capacity of 1.1 million kW for wind and solar power, and 1.2 million kW for independent energy storage [2] Group 2: Energy Storage Projects - The 1.2 million kW independent energy storage project is expected to be operational by the end of 2025, with the 1 million kW project in the Hotan area and the 200,000 kW project in the Kuitun area planned to be operational by June 30, 2026 [3] - The company’s independent energy storage projects currently achieve a daily charge and discharge during the trial operation period, meeting the operational frequency levels outlined in the feasibility study [3] Group 3: Industry Context - Xinjiang's total energy storage capacity is 13.17 million kW, with 10.42 million kW on the generation side and 2.75 million kW in independent storage, leading the nation in growth [3] - The deployment of 4-hour long-duration energy storage projects is a key focus, with a reported increase in renewable energy utilization by 16.89 percentage points compared to 2-hour storage systems, enhancing grid stability and renewable energy absorption [3] Group 4: Financial Aspects - The leverage ratio for conventional independent energy storage projects is 2:8, indicating 20% equity and 80% bank loans [3] - The depreciation of energy storage equipment is calculated with battery cells depreciated over 10 years and other equipment over 20 years [3] Group 5: Power Transmission Projects - The company is involved in the first, second, and third channels of Xinjiang's electricity export projects, with a total installed capacity of 849,500 kW for the first two channels and an expected 8.1 million kW for the third channel by the end of 2025 [4] - The average utilization hours for the electricity export projects are 1,462 hours for solar and 1,551 hours for wind, significantly higher than local consumption projects [4]