---
title: "FUNENG CO.,LTD. plans to invest in the construction of the pumped storage power station project in Nan'an, Fujian Province"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251796500.md"
description: "FUNENG CO.,LTD. jointly invested with Fujian Provincial Water Conservancy Investment and Development Group and Nan'an Energy Industry and Trade Investment Development Group to establish Fujian Dongtian Pumped Storage Co., Ltd., developing the Nan'an pumped storage power station project. The total investment of the project is approximately 7.802 billion yuan, with a total construction period of 69 months. It complies with national industrial policies and is expected to increase the company's clean energy installed capacity ratio, optimize the power supply structure, and create new profit growth points"
datetime: "2025-08-06T09:27:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251796500.md)
  - [en](https://longbridge.com/en/news/251796500.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251796500.md)
---

# FUNENG CO.,LTD. plans to invest in the construction of the pumped storage power station project in Nan'an, Fujian Province

According to the Zhitong Finance APP, FUNENG CO., LTD. (600483.SH) announced that the company, together with Fujian Provincial Water Resources Investment and Development Group Co., Ltd. and Nan'an Energy Industry and Trade Investment Development Group Co., Ltd., will jointly invest to establish Fujian Dongtian Pumped Storage Co., Ltd., responsible for the development, construction, and operation of the Nan'an pumped storage power station project in Fujian Province. The project's dynamic total investment is approximately 7.802 billion yuan, with a unit cost of 6,501 yuan/kW, and the total construction period is expected to be 69 months.

The Nan'an pumped storage project is a key implementation project adjusted from the "14th Five-Year Plan" in the "Medium and Long-Term Development Plan for Pumped Storage (2021-2035)." The company's investment in the Nan'an pumped storage project aligns with national industrial policies and the company's development strategy. Once the project is completed and put into operation, it will further increase the proportion of the company's clean energy installed capacity and optimize the company's power generation structure. Pumped storage implements a two-part electricity price policy, ensuring the project's economic viability and creating new profit growth points for the company

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