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Beijing Energy International Holding ( (HK:0686) ) has provided an update.
Beijing Energy International Holding’s wholly owned subsidiary Beijing Jingyun has entered into a procurement and construction contract with CCSEB for a 60 MW photovoltaic power generation project in Beijing, marking a further build-out of the group’s solar power portfolio in mainland China. Under the roughly RMB136 million deal, CCSEB will provide turnkey services including equipment procurement, construction, installation, testing, commissioning, external transmission line works and regulatory approvals, with the plant expected to be grid-connected at full capacity shortly after the transmission line is ready, a move that underscores the company’s continuing capital commitment to expanding renewable capacity and could strengthen its positioning in Beijing’s clean energy market.
The most recent analyst rating on (HK:0686) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Energy International Holding stock, see the HK:0686 Stock Forecast page.
More about Beijing Energy International Holding
Beijing Energy International Holding is an investment holding company focused on developing, constructing and operating photovoltaic power generation projects, with a strategic emphasis on renewable energy infrastructure in mainland China, including large-scale solar power plants serving regional power grids and industrial users.
Average Trading Volume: 456,624
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.49B
See more insights into 0686 stock on TipRanks’ Stock Analysis page.