On July 6, 2023, the signing ceremony of Guohua Energy Investment Co., Ltd.'s Guohua HG14 offshore photovoltaic 1000 MW project was held in the Municipal Ocean Development and Fisheries Bureau, and Guohua Investment Management Co., Ltd. signed a project cooperation agreement with Dongying Ocean Development and Fisheries Bureau. Wang Jinhe, President of the Municipal Marine Development Research Institute, Li Guofu, a third level researcher of the Municipal Marine and Fisheries Supervision and Supervision Detachment, and Chen Bin, a member of the Party Committee and Deputy General Manager of Guohua Energy Investment Co., Ltd. Shandong Branch, attended the signing ceremony.

The Guohua HG14 Offshore Photovoltaic 1000MW Project plans to invest approximately 8 billion yuan, with a planned installed capacity of 1000MW. It adopts a segmented power generation and centralized grid connection scheme, and after the landing of the submarine cable, it will be connected to the newly built 220KV onshore rising pressure station through land cable, and a supporting energy storage station will be constructed. We are committed to creating the first batch of sample projects for fixed pile foundation offshore photovoltaic projects in China. After the project is completed, it can provide an average of 1675.569 million kilowatt hours of electricity to the power grid every year, saving an average of 534400 tons of standard coal per year.

The Municipal Marine Development and Fisheries Bureau stated that it will make every effort to provide high-quality services and create favorable conditions for project construction and enterprise development. It is hoped that both parties will strengthen communication and docking, accelerate work progress, and promote the early landing, production, and effectiveness of projects.

Guohua Energy Investment Co., Ltd. said that it would work with the Municipal Oceanic Development and Fisheries Bureau to jointly implement the contents of the cooperation agreement, promote the project construction to make substantive progress as soon as possible, and provide assistance for the economic development of Dongying City. Editor/Zhao E