Focusing on landscape hydrogen storage, the landscape electricity clean energy industry across China is thriving. On December 1, 2022, Yuedian Electric announced that in order to accelerate the development of new energy, increase the proportion of clean energy and optimize the power supply structure, the board of directors of the company agreed that Yudian Shache Comprehensive Energy Co., LTD., a wholly-owned subsidiary, would invest in the construction of the 2 million kW integrated optical storage project in Shache County of Guangdong Energy (photovoltaic construction scale of 2,000MW; Energy storage construction scale 500MW/2000MWh). The total investment of the project is 1,291,076,600 yuan, and the capital is set up as 20% of the total investment of the project, which is 2,583,412,292 Yuan. The remaining capital needs will be met through bank financing.

The site of Guangdong Energy Shache County 2 million kW light storage integration Project is located in the photovoltaic industry base of Yakaizhike Township, southwest of Shache County, Kashgar region, about 32 kilometers away from Shache County. The project plans to build a PV scale of 2000MW AC side and an energy storage scale of 500MW/2000MWh. According to the project feasibility study report, the project site is rich in solar energy resources, and the average annual utilization hours are expected to be 1,479.71 hours. The overall investment is economically feasible.

In the subsequent construction and operation process, the project may face project construction risk, market consumption risk, operation risk, etc. The company will do a good job in engineering investment and construction management and production safety management, actively communicate and coordinate with the local power grid company, formulate reasonable operation and maintenance plans, and minimize the relevant risks and impacts. Editor/Xu Shengpeng