One of the state-approved large-scale new energy bases, the project in Ordos city of Inner Mongolia will include 8 gigawatts (GW) of solar power installations, 4 GW of wind power, 4 GW of coal-fired power as well as 5 gigawatt-hour energy storage, the Shanghai-listed firm said in a stock filing.
Construction of the project will commence in September this year and electricity will be on grid by June 2027, the company said.
The project will dispatch electricity to the Beijing- Tianjin-Hebei cluster in northern China via an ultra-high voltage power transmission line, the firm said.
China Three Gorges Renewables' onshore unit holds 56% of the investment, while local government-backed Inner Mongolia Energy Group Co Ltd holds the remaining 44%.
China Three Gorges Renewables Group Co Ltd (600905.SS), opens new tab said on Friday its onshore unit will invest in a 79.8 billion yuan ($10.99 billion)integrated new energy project in north China's Inner Mongolia region.
One of the state-approved large-scale new energy bases, the project in Ordos city of Inner Mongolia will include 8 gigawatts (GW) of solar power installations, 4 GW of wind power, 4 GW of coal-fired power as well as 5 gigawatt-hour energy storage, the Shanghai-listed firm said in a stock filing.
Construction of the project will commence in September this year and electricity will be on grid by June 2027, the company said.
The project will dispatch electricity to the Beijing- Tianjin-Hebei cluster in northern China via an ultra-high voltage power transmission line, the firm said.
China Three Gorges Renewables' onshore unit holds 56% of the investment, while local government-backed Inner Mongolia Energy Group Co Ltd holds the remaining 44%.
