On March 26, 2022, the person in charge of the Huangmei County Government of Huanggang City, Hubei Province and the representative of State Grid Xinyuan Holdings Co., Ltd. officially signed a contract for the Ziyunshan Pumped Storage Power Station Project in Huangmei County. Project with the largest single investment so far.

It is reported that the project is located in Kuzhu Township and Wuzu Town in Huangmei County. The total installed capacity of the project is 1.4 million kilowatts, and the designed annual power generation is 921 million kilowatt-hours. It is expected to increase local fiscal revenue by 230 million yuan each year.

"The project has a large investment scale and a long construction period, which will effectively promote the development of local transportation, water conservancy, building materials and other related industries, and further boost the confidence in innovation and entrepreneurship." Yu Xianhua, director of the Development Department of State Grid New Source Control Co., Ltd. commented. "It is the largest single investment project in Huangmei County so far, and it will become a new engine and economic growth point for the development of new energy industry in Huangmei County." said Zeng Xiaodong, deputy director of Huanggang Development and Reform Commission.

According to reports, the two pumped-storage power stations that have been built and operated in Hubei Province are located in Luotian County, Huanggang. . The Luotian Pingyuan pumped storage power station under construction in Luotian County has an installed capacity of 1.4 million kilowatts and a total investment of 9.4 billion yuan. Ziyunshan Power Station is the first pumped storage project with an investment of more than 10 billion yuan.

After the power station is completed, it will play the functions of peak shaving, valley filling, energy storage and emergency backup, paving the way for the development of new energy industries such as photovoltaics and wind power in Huangmei County. Editor/Sang Xiaomei