About Huaxia Financial Solar Power Generation
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About Huaxia Financial Solar Power Generation video introduction
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6 FAQs about [Huaxia Financial Solar Power Generation]
Why did Xinyi Energy Group acquire two solar farms in 2021?
Besides the above acquisitions, Xinyi Energy Group also acquired two solar farm projects from independent third parties in 2021, with an aggregate capacity of 140MW. The total electricity generated from the Group’s solar farm portfolio grew steadily during the year, primarily due to the new capacity completed or acquired.
Will Xinyi energy dispose of solar farms?
As for the disposal of solar farms to its subsidiary, Xinyi Energy Holdings Limited (“Xinyi Energy” and its subsidiaries, collectively “Xinyi Energy Group”), the Group has completed the disposal of solar farm projects with a capacity of 250MW and 270MW to Xinyi Energy Group in February and December 2021, respectively.
Will Xinyi energy renew the solar farm O&M agreement?
As disclosed in the Company’s announcement dated 31 December 2021, the Company entered into a memorandum (“Renewal Memorandum”) dated 31 December 2021 with Xinyi Energy to confirm the renewal of the Solar Farm O&M Agreement for the three years ending on 31 December 2024.
How much green energy does Xinjiang have?
According to Wang, the base can generate about 2.1 billion kWh of electricity from green energy annually, nearly 4.5 percent of Shihezi's total electricity output in 2022, saving 650,000 tonnes of standard coal. Xinjiang's installed power capacity from new energy sources has surpassed 62 million kilowatts.
Who is Xinyi Solar?
Xinyi Solar Holdings Limited (the “Company”) and its subsidiaries (collectively the “Group”) are principally engaged in the production and sale of solar glass products, which are carried out internationally, through the production complexes located in Mainland China (the “PRC”) and Malaysia.
Is Xinyi energy a connected subsidiary?
Xinyi Energy is a connected subsidiary of the Company pursuant to Rule 14A.16 of the Listing Rules. Accordingly, the solar farm operation and management services provided by Xinyi Energy Group constitute continuing connected transaction for the Company under Chapter 14A of the Listing Rules.