Zhangye Economic Development Zone has made new breakthroughs in attracting large and strong enterprises

By the end of 2021, CLP smart (Zhangye) energy Co., Ltd., which was solely invested by the State Power Investment Hong Kong CLP New Energy Holding Co., Ltd. with a registered capital of US $100 million, obtained a business license and settled in Zhangye economic and Technological Development Zone, Gansu Province. This is the fourth world top 500 enterprise introduced by Zhangye economic and Technological Development Zone in 2021 and the fifth foreign-funded enterprise introduced last year.

State Power Investment Corporation is a super large state-owned key enterprise directly managed by the central government, ranking 293 among the world’s top 500 enterprises in 2021. Hong Kong CLP New Energy Holdings Co., Ltd. is a second-class wholly foreign-owned company established by State Power Investment Corporation in Hong Kong. The company plans to invest a total of 22 billion yuan to build a comprehensive desertification control industrial cluster project in Zhangye, build a 2 million KW photovoltaic power generation + land improvement + grass planting + high-end beef cattle breeding + organic fertilizer production + high-end biological gene new technology product Cistanche deserticola (Suoyang) purification, agricultural light complementary closed-loop demonstration project, and build photovoltaic panels Cecep Solar Energy Co.Ltd(000591) electronic component manufacturing and promotion demonstration project of fully degradable modified material series products.

Previously, Zhangye economic and Technological Development Zone and Zhuzhou Crrc Times Electric Co.Ltd(688187) Gansu Branch of Crrc Corporation Limited(601766) Group Co., Ltd. signed an investment cooperation agreement on the construction project of “zero carbon” intelligent equipment industrial base. The estimated total investment of the project is 800 million yuan. It is planned to build an annual output of 10GW “zero carbon” intelligent equipment industry base, technological innovation base and “zero carbon” full life cycle service center in Zhangye economic and technological development division phase III. It is planned to annually produce 10GW photovoltaic inverter series products such as photovoltaic inverter, SVG, energy storage system and wind power converter. The overall capacity plan covers the demand for inverter series products of new photovoltaic power generation projects in Hexi region in the next 10 years, as well as the support of software and hardware conditions required for technology research and development, system solutions and project general contracting. Crrc Corporation Limited(601766) Group Co., Ltd. is an a + H-share listed company approved by the state owned assets supervision and Administration Commission of the State Council and merged by CNR and CSR in accordance with the principle of reciprocity. At present, it has 46 wholly-owned and holding subsidiaries, ranking 349 among the world’s top 500 enterprises in 2021.

The signing and implementation of the above two investment projects of the world’s top 500 enterprises will give full play to the advantages of Zhangye’s solar and thermal resources, which is of great significance to accelerate the implementation of the “double carbon” strategy, further improve Zhangye’s new energy industry chain, build a green and low-carbon National Economic Development Zone, enhance the competitiveness of the city’s clean energy manufacturing industry and promote the high-quality development of the new energy industry. (Cheng Lin)

(source: International Business Daily)

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