Guangdong Construction Engineering has announced a revenue of 4.71 billion yuan from the acquisition of five solar power generation projects. This announcement was made on June 2, 2025, at 18:20.
The company stated that it has acquired the projects from Yingli Green Energy (601222), which includes three projects located in the regions of Hunan and Jiangxi. The total capacity of these projects is expected to be 249.78 MWp, with an operating capacity of 236.50 MW.
The projects are situated in areas with a high demand for electricity, and the electricity prices and supply conditions in the market are favorable for the development of these projects. Guangdong Construction Engineering expressed confidence that the acquisition will enhance its resource management and operational efficiency.
Following this acquisition, the company will continue to pursue additional projects, with a total expected investment of 8.26 billion yuan across eight projects. This is projected to increase the company’s revenue significantly in the upcoming years, with expected revenues projected to reach 5291.21 million yuan by 2025.
With a growing emphasis on renewable energy, these acquisitions are part of Guangdong Construction Engineering’s strategy to enhance its portfolio in the renewable energy sector. The company aims to streamline operations and improve efficiency by integrating these new projects into its existing framework.
As part of the ongoing development, the company will focus on establishing high-quality solar power plants and energy storage systems to ensure a sustainable energy supply.
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