Tianyu Eco-Environment Co.Ltd(603717) proposed to build distributed photovoltaic power station

After the field of energy storage, Tianyu Eco-Environment Co.Ltd(603717) ‘s new energy strategy focuses on distributed power stations. On December 27, the company announced that it plans to establish “Shanghai Tianyu Eco-Environment Co.Ltd(603717) Energy Technology Co., Ltd.” with its own capital of 300 million yuan to carry out the development, investment, construction and operation of “distributed photovoltaic integration” power stations.

It is reported that on November 18 this year, Tianyu Eco-Environment Co.Ltd(603717) the board of directors deliberated and adopted the proposal on adjusting the company’s organizational structure. In addition to streamlining and merging the business department into the agriculture, animal husbandry and food business department and the ecological environment business department, a new “photovoltaic integration business department” was established. The main responsibilities of the Department are: development, construction and operation services of distributed photovoltaic power stations, and application and research of photovoltaic integration in pastoral complexes, agricultural parks, scenic spots, pastures, forest farms and nurseries. The business department consists of comprehensive management department, project management department, photovoltaic engineering department and photovoltaic integrated R & D department.

On December 20, the company announced that it planned to establish “Shanghai Tianyu Haofeng Energy Storage Technology Co., Ltd.” with Beijing Haofeng Energy Storage Technology Co., Ltd. and Shi Dongwei, vice chairman of the company, of which the company accounted for 75%.

According to the company’s plan, we hope to use our project management advantages and market resources as a large ecological environment engineering enterprise and rely on the strategy of serving “Rural Revitalization” to introduce and apply technologies such as “distributed photovoltaic power station and building photovoltaic integration” to the company’s “pastoral complex” and “cultural and tourism scenic spot” In the project application scenarios such as “Forest Farm Nursery”, “ecological pasture” and “agricultural park”, realize “agricultural light complementarity”, achieve the goal of regional carbon neutralization in various application scenarios, and upgrade and empower the company’s traditional ecological business. At the same time, through in-depth cooperation in the new energy field with diversified application scenarios such as bipvbapv photovoltaic building integration and optical storage and charging integration, the “photovoltaic integration” technology is combined with the existing business to form a new business growth point.

Tianyu Eco-Environment Co.Ltd(603717) said that the investment and establishment of eco energy technology company is conducive to the company’s strategic transformation and existing business upgrading, and is in line with the company’s development strategy and the national development goal of “carbon peaking and carbon neutralization”. According to its resources in project development and project management, combined with the ongoing “Rural Revitalization” projects, the company will independently invest in the development of some distributed photovoltaic power stations, or self invest and self build distributed photovoltaic integrated power stations with excellent business conditions, which will have a positive impact on the company’s future operation and development in the long run, In line with the interests of all shareholders and the requirements of the company’s development strategy.

However, the company also suggests that there is no production capacity and production technology of relevant photovoltaic modules and energy storage batteries, and the mature technical solutions and integrated systems of third-party suppliers will be adopted temporarily. At the same time, the company’s operation in the field of photovoltaic new energy has the risk of competition (except self investment) and cost control of undertaking projects, and the subsequent operation is still uncertain.

(Shanghai Securities News · China Securities Network)

 

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