HEGC: During the "14th Five-Year Plan" period, it plans to invest 26.7 billion yuan in clean energy and the upstream and downstream industrial chain in Xiangyang City

Zhitong
2025.09.29 14:18
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Hubei Energy announced the signing of a "Deepening Cooperation Agreement" with the Xiangyang Municipal Government, planning to invest 26.7 billion yuan in clean energy and the upstream and downstream industrial chain in Xiangyang during the "14th Five-Year Plan" period, to build wind, solar, and thermal storage as well as integrated energy projects to ensure energy security and promote mutual development

According to the Zhitong Finance APP, Hubei Energy (000883.SZ) announced that in order to leverage the respective industrial advantages and resource endowments of local governments and enterprises, ensure the safe and stable supply of energy, and promote mutual benefit and common development, on September 29, 2025, the company (Party B) signed the "Deepening Cooperation Agreement" with the People's Government of Xiangyang City (hereinafter referred to as Xiangyang Government, Party A) based on the principles of equality, mutual benefit, and win-win cooperation. During the 14th Five-Year Plan period, Party B plans to invest 26.7 billion yuan in Xiangyang City for the construction of a number of wind, solar, thermal storage, and integrated energy projects