Huaneng Power renewable projects approved

By Editors of Electric Light & Power/ POWERGRID International

 

Huaneng Power International will build distributed renewable energy projects following approvals from local development commissions in China's Hunan Province and the Guangxi Zhuang Autonomous Region.

The projects are the Guangxi Huaneng Guilin World Tourist City and Huaneng Hunan Guidong Hankou Wind Farm Project, both of which are owned by Huaneng Power.

At Guangxi Tourist City, the distributed energy project will consist of four sets of 42 MW gas turbine generation units, four sets of double-pressured heat recovery boilers, three sets of 21 MW extraction condensing turbine and one set of 6 MW back pressure turbine, with an aggregate maximum power generation capacity of 237 MW.

The total investment in the project is estimated at nearly $2 billion. About 20 percent of the investment will be project capital to be contributed from internal funds of the company while the remaining part will be funded by bank loans.

The Huaneng Hunan Guidong Hankou Wind Farm Project has a planned installed capacity of 48MW with an estimated total investment of $728.5 million. About 20 percent of the investment will be project capital to be contributed from internal funds of the company while the remaining part will be funded by bank loans.

Huaneng Power controls about 66,341 MW of power capacity and equity-based generation capacity of 59,155 MW.

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