Anhui Conch Cement Company Limited(600585) plans to invest 5 billion yuan in new energy to realize full coverage of photovoltaic power generation in subordinate factories

Anhui Conch Cement Company Limited(600585) ( Anhui Conch Cement Company Limited(600585) ), a skilful investor in the field of investment, has focused its investment on the field of new energy, which is also of benchmarking significance in the cement industry where “money is not bad”.

Anhui Conch Cement Company Limited(600585) 3 announced on March 8 that in 2022, the company will invest 5 billion yuan to develop photovoltaic power stations, energy storage projects and other new energy businesses, so as to realize the full coverage of photovoltaic power generation in subordinate factories. It is expected that by the end of 2022, the installed capacity of photovoltaic power generation will reach 1GW and the annual power generation capacity will reach 1 billion kwh.

According to the retrospective announcement, on August 30, 2021, Anhui Conch Cement Company Limited(600585) and conch investment reached an equity transfer agreement and planned to acquire 100% equity of Anhui Conch new energy Co., Ltd. (hereinafter referred to as “conch new energy”) held by the latter for RMB 443 million to get involved in the photovoltaic power generation business.

According to the enterprise investigation, conch new energy was established in 2018 and its legal representative is Li Xiaobo. Its business scope includes technology development in the field of photovoltaic power generation, wind power generation and energy storage system, which is controlled by Anhui Conch Cement Company Limited(600585) 100%.

In January this year, the industrial and commercial change of conch new energy occurred, and the registered capital of the company increased from 500 million yuan to 5 billion yuan, which shows Anhui Conch Cement Company Limited(600585) the determination to make great efforts in the field of new energy.

At the level of the controlling shareholder of the company, conch group, after establishing a new idea for the development of the group focusing on the “double new” industries of new materials and new energy, comprehensively arranged photovoltaic energy storage projects and jointly promoted the application of the latest achievements of hydrogen, ammonia and other new energy utilization technologies with the energy laboratory.

According to the official website of conch group, conch group has built a benchmark factory of “zero purchased electricity” in Jining, Shandong Province; Build photovoltaic green industrial parks in Fujian, Anhui and other places; Invest in new energy development projects such as aluminum processing, wind power hydrogen production, power generation and energy storage in Inner Mongolia; Join the Yangtze River Delta optical storage industry alliance to build a “photovoltaic + energy storage” whole industry chain and industrial cluster. In 2021, conch group will add 19 photovoltaic power stations and 3 energy storage power stations, and will strive to achieve full coverage of photovoltaic power plants as soon as possible.

Under the “demonstration effect” of Anhui Conch Cement Company Limited(600585) , the cement industry with abundant cash flow began to build new energy.

Gansu Shangfeng Cement Co.Ltd(000672) 1 announced on January 21 that the company signed the strategic cooperation framework agreement with sunshine new energy and Hefei Yixin. Based on the project bases, relying on the location advantages and its own demand for green energy, the company combines the advantages of sunshine new energy in the technology, construction, intelligent operation and maintenance of photovoltaic power generation, energy storage and other new energy industries, And Hefei, relying on its advantages in investment and operation scheme planning and design and professional consulting of photovoltaic energy storage projects, jointly layout green energy industries such as photovoltaic power generation and energy storage.

In June 2021, Guangdong Tapai Group Co.Ltd(002233) announced that the board of directors considered and approved the proposal and agreed that the company would invest about 1.339 billion yuan to build an integrated distributed photovoltaic power generation and energy storage project. It is preliminarily planned that the total installed capacity of photovoltaic power generation project is 220mwp and the scale of energy storage project is 45MW / 151mwh. It will be constructed by stages according to the approval of land use.

Tianfeng Securities Co.Ltd(601162) Wang Tao, the chief of Building Materials Association, said in an interview with securities times · e company that the market space and growth of the new energy track are good, the energy consumption of building materials enterprises is also high, and there is a great demand for clean energy in the future. In the future, more and more enterprises may enter the field of photovoltaic self use, which is also the general trend of the manufacturing industry.

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