Huang Yanbi: Jiangxi Copper’s solar power generation project has already been put into operation.
On May 21, 2025, at 15:10, Jiangxi Copper announced that their solar power generation project has been officially launched. According to reports, the project began production in 2023 and is expected to generate revenue of 1.419 billion yuan in 2024, which has already been realized.
This project is located in Jiangxi Province, and it includes two solar power generation projects that are expected to be online by 2025. The company is also engaged in various other renewable energy initiatives, which will continue to increase production in the future.
Additionally, Jiangxi Copper is focusing on energy storage to support its operations. The main use of this energy storage capacity will be to replace coal-fired power in new construction projects. Users will primarily consist of industrial clients, such as food processing, pharmaceuticals, and cleaning services, who will benefit from the energy supply.
In the first quarter of 2025, Jiangxi Copper’s energy storage business is projected to generate revenue of 3.106 billion yuan. Compared to 2024, the main revenue drivers will be influenced by policy changes, market demand, and operational efficiency, which are expected to fluctuate. The anticipated revenue for 2024 is 2.539 billion yuan, but the corresponding production cost will already have been accounted for, affecting the revenue this year.
Furthermore, the analysis of revenue and operational costs indicates that the company’s performance is likely to be constrained by policy impacts and market conditions. Jiangxi Copper’s revenue projections show an expected fluctuation of around 1.45 billion yuan due to various factors, including operational adjustments and market competition.
In summary, Jiangxi Copper is committed to expanding its renewable energy footprint and enhancing its competitive position in the market. The company is also adapting to changes in energy policies and market dynamics to ensure sustainable growth.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/huaneng-powers-renewable-energy-projects-achieve-operational-milestones-ahead-of-schedule/
