Shandong Hi-Speed New Energy Group Secures EPC Contract for 100MW Renewable Project

The latest announcement is out from Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ).

Shandong Hi-Speed New Energy Group Limited announced a significant transaction involving its subsidiary, YSHS New Energy, which entered into an EPC contract with PowerChina Chengdu and Guizhou Smart Power. This contract pertains to a 100MW fishery, photovoltaic, and storage integration demonstration project in Jiangsu Province, China. The project includes the construction of photovoltaic areas, collector lines, booster stations, and transmission lines. This development is expected to strengthen the company’s position in the renewable energy market by showcasing its capability to execute large-scale, integrated energy projects.

More about Shandong Hi-Speed New Energy Group Limited

Shandong Hi-Speed New Energy Group Limited operates in the renewable energy sector, focusing on projects that integrate photovoltaic technology with other systems. The company is involved in developing energy solutions that combine solar power with other functionalities, such as fishery and storage systems, to enhance sustainability and efficiency.

Average Trading Volume: 161,239

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$3.53B

See more data about 1250 stock on TipRanks’ Stock Analysis page.