On November 11, 2022, we received the “Notification of Award” from China Nuclear Power Engineering Co., LTD. (“CNPEC”), confirming that we have won the bid for Solar Field and MSR System equipment supply for the CGN New Energy Jilin Daan Jixilugu DC 490MW Hybrid Project (“Project”), in other words, we will provide advanced Solar field and MSR system and related services for the 100MW CSP part out of the project.
The total installed capacity of the Project is 490MW, including 130MW PV, 260MW wind power and 100 MW CT CSP. The 100MW CT CSP, with an 8-hour molten salt thermal storage, will adopt the solar thermal tower technology fully developed by Cosin Solar. Using curtailed PV power to heat molten salt, the project will become a hybrid power plant optimizing utilization of CSP, PV and wind power based on demand curve.
Jixilugu DC 1400MW Hybrid Project. Being one of the first batch of China’s large-scale solar and wind hybrid projects developed on desert, Gobi, represents China’s exploration on a new development patch of “CSP+new energy. Tapping into our experiences in developing and constructing the first batch of CSP demonstration projects in China, it will become a peak regulator based on CSP technology with energy storage after completion.