Yongqing Environmental Protection cooperates with DXN Steel in Indonesia to promote distributed photovoltaic power generation projects

On March 19, YCEP announced that its subsidiary PT. Dezhiqing New Energy Indonesia and PT Dexin Steel Indonesia have successfully signed an "Energy Management Agreement for Distributed Photovoltaic Power Generation Project of PT Dexin Steel Indonesia". Ltd. Distributed Photovoltaic Power Generation Project Energy Management Agreement.

The total investment of the project is expected to reach RMB 270 million. The agreement is effective from the date of signing and will remain in force for the next 15 years, or for such period as may be adjusted in accordance with the agreement between the parties. According to the agreement, DXN Steel will voluntarily provide its site, roof, necessary building structures, public areas, supporting facilities, etc. in an industrial park in Indonesia for the construction and installation of the distributed photovoltaic power generation project. In addition, the company will prioritize the use of electricity generated by the power project to promote a shift towards green and clean energy in society.

The signing of this agreement symbolizes an important step in the company's active expansion of the international market and the implementation of the key customer strategy, according to Yongqing Environmental Protection. The company plans to take this opportunity to steadily push forward the development of overseas new energy markets, relying on the country's "Belt and Road" initiative, and is committed to becoming "an operator of high-quality new energy assets and an innovator of pollution-reducing and carbon-reducing technologies" in order to realize the company's development strategy.

Sources of information:International Energy Network