Maoshuo Power Co., Ltd. announced on June 1 that the company’s subsidiary company Xinyu Maoshuo New Energy Technology Co., Ltd. (hereinafter referred to as “Xinyu Maoshuoâ€) and the Xinyu Lishui District People’s Government on May 30 (hereinafter referred to as “Shuishui†The district government “) signed the “Cooperation Agreement for 100MW Photovoltaic Grid-connected Power Generation Project in Lishui District of Xinyu Cityâ€, and plans to invest 100MW photovoltaic grid-connected power generation project in Xinshui City’s Lishui District for a total investment of 800 million yuan. The project was completed in two phases.
The announcement stated that the project uses a more advanced production process and no environmental pollution. The Lishui District Government assisted Xinyu Maoshuo in obtaining the leased land suitable for the construction of photovoltaic power stations. The construction indicators of the photovoltaic power station project started construction within three months after meeting the relevant conditions for the commencement of the project, and were completed and put into operation within one year.
Maoshuo Power said that the signing of this agreement is beneficial to the company to effectively expand the photovoltaic power generation business, in line with the company's long-term strategic planning. The photovoltaic power generation project is still in the preparatory stage. Due to factors such as government approval, land lease or force majeure, it will bring certain uncertainty to the construction progress of this agreement, and will not affect the company's operating conditions in the short term.
The announcement stated that the project uses a more advanced production process and no environmental pollution. The Lishui District Government assisted Xinyu Maoshuo in obtaining the leased land suitable for the construction of photovoltaic power stations. The construction indicators of the photovoltaic power station project started construction within three months after meeting the relevant conditions for the commencement of the project, and were completed and put into operation within one year.
Maoshuo Power said that the signing of this agreement is beneficial to the company to effectively expand the photovoltaic power generation business, in line with the company's long-term strategic planning. The photovoltaic power generation project is still in the preparatory stage. Due to factors such as government approval, land lease or force majeure, it will bring certain uncertainty to the construction progress of this agreement, and will not affect the company's operating conditions in the short term.
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