1. One sentence of important news
1. With a registered capital of 10 million yuan, Risen Energy established a new energy development company
2. Star Power: Chairman and senior management resigned
3. The registered capital is 500,000 yuan! Datang Power Generation established a new energy company in Hebei, involving wind and solar business
4. The forecast for the first quarter of 2024 is 3.6 billion ~ 4.3 billion!
5. 3.72GW! The list of the fourth batch of renewable energy power generation subsidy projects in 2024 will be announced
6. The installed capacity of new energy in Xinjiang exceeded 70 million kilowatts
7. The first lithium-ion battery energy storage project in Yan'an City, Shaanxi Province was signed
8. Jiangsu revised the implementation rules for power demand response
9. The State Power Company of Ukraine announced the official power rationing of industrial and commercial enterprises
10. The foundation pouring of the wind turbine of the Bashi Wind Farm of the Uzbukhara Wind Power Project was completed
2. Enterprise hotspots
1. With a registered capital of 10 million yuan, Risen Energy established a new energy development company
According to the enterprise investigation, on April 19, Zhejiang Shengsheng New Energy Development Co., Ltd. was established with a registered capital of 10 million yuan, the legal representative is Ding Xishen, and the business scope includes: licensed projects: power generation business, transmission business, power supply (distribution) business. General projects: wind power generation technical services, solar power generation technical services, photovoltaic power generation equipment leasing, energy storage technical services, technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion.
2. Star Power: Chairman and senior management resigned
On April 23, Star Power issued an announcement that on April 23, 2024, the company's board of directors received a written resignation report from Chairman Mr. Daniel Zhang, Deputy General Manager Mr. Jiang Qing, and Chief Engineer Mr. Wu Haitao. Due to job changes, Mr. Daniel Zhang applied for resignation as chairman, director, chairman of the strategy committee and member of the remuneration and assessment committee of the 12th board of directors of the company; Mr. Jiang Qing applied for resignation from the position of deputy general manager of the company; and Mr. Wu Haitao applied for resignation from the position of chief engineer of the company. After his resignation, Mr. Daniel Zhang will no longer hold any position in the Company; Mr. Jiang Qing and Mr. Wu Haitao will hold other positions in the Company.
3. The registered capital is 500,000 yuan! Datang Power Generation established a new energy company in Hebei, involving wind and solar business
According to the enterprise investigation, on April 23, Datang Gaoyi New Energy Co., Ltd. was established with a registered capital of 500,000 yuan, and its business scope includes: wind power generation technical services, solar power generation technical services, photovoltaic power generation equipment leasing, etc. Enterprise investigation shows that Datang Gaoyi New Energy Co., Ltd. is wholly owned by Datang Power Generation.
4. The forecast for the first quarter of 2024 is 3.6 billion ~ 4.3 billion!
On April 23, Tianqi Lithium released its performance forecast for the first quarter of 2024, which shows that Tianqi Lithium expects a net loss of 3.6 billion yuan to 4.3 billion yuan in the first quarter, and a non-net profit of -4.4 billion yuan to -3.6 billion yuan. As for the main reasons for the change in performance in the reporting period, Tianqi Lithium said that the main points are as follows: 1. Affected by the fluctuation of the lithium product market, the sales price of the company's lithium products has decreased significantly compared with the same period last year, and the gross profit of lithium products has decreased significantly; 2. As of the date of the announcement of this performance forecast, the company's important associate company Sociedad Químicay Minerade Chile S.A. has not announced its first quarter 2024 performance report. The Company has calculated the Company's investment in SQM for the same period in a consistent manner, based on information such as Bloomberg's forecast of first-quarter earnings per share for the first quarter of SQM2024, taking into account the reliable information available to it.
3. Industry news
1. 3.72GW! The list of the fourth batch of renewable energy power generation subsidy projects in 2024 was announced
On April 24, the new energy cloud platform released a report on announcing the list of the fourth batch of renewable energy power generation subsidy projects in 2024. A total of 727 projects will be included in the fourth batch of renewable energy generation subsidies in 2024, with an approved/filed capacity of 3,715.2 MW, including 77 centralized power generation projects with an approved/filed capacity of 3,582.5 MW, and 650 distributed power generation projects with an approved/filed capacity of 132.7 MW. A total of 18 projects with an approved/filed capacity of 137.1 MW were changed to the renewable energy generation subsidy list, including 5 centralized power generation projects with an approved/filed capacity of 132.4 MW, and 13 distributed power generation projects with an approved/filed capacity of 4.7 MW.
2. The installed capacity of new energy in Xinjiang exceeded 70 million kilowatts
According to the latest data released by the State Grid Xinjiang Electric Power Co., Ltd., the installed capacity of new energy in Xinjiang has exceeded 70 million kilowatts, and the specific value has reached 70.021 million kilowatts, accounting for about 50% of the total installed capacity of Xinjiang power grid. This size and proportion are among the best in the country. According to the relevant person in charge of State Grid Xinjiang Electric Power Co., Ltd., up to now, the total installed capacity of Xinjiang power grid has reached 150 million kilowatts. It is estimated that by the end of this year, the cumulative installed capacity of new energy in Xinjiang will exceed 89 million kilowatts, and new energy will become the largest power source in Xinjiang for the first time.
3. The first lithium-ion battery energy storage project in Yan'an City, Shaanxi Province was signed
On April 22, the signing ceremony of Yan'an's first lithium-ion battery energy storage project was held in Huangling County. Li Jianxiong, deputy secretary of the Huangling County Party Committee and county magistrate, and Li Qingxi, member of the Standing Committee of the county party committee and head of the Organization Department, attended the signing ceremony. Lan Minfeng, deputy director of the Management Committee of Huangling High-tech Industrial Development Zone, and Zhang Lingyu, financial director of Shanghai Runya Hongzhen Energy Co., Ltd. and Runya Technology Co., Ltd., signed a framework agreement on the development and cooperation of lithium-ion battery energy storage projects. The signed project is located in the Technology Industrial Park of Huangling County High-tech Zone, with a total construction land area of 60 acres, a lithium iron phosphate energy storage system with a capacity of 300MW/600MWh, and a 330KV booster station with a total investment of 900 million yuan.
4. Jiangsu revised the implementation rules for power demand response
On April 23, the Jiangsu Provincial Development and Reform Commission issued an announcement on soliciting opinions and suggestions on the "Jiangsu Provincial Electricity Demand Response Implementation Rules (Revised Draft for Comments)". The document points out that the subsidy standard for demand response is implemented, and the peak shaving demand response is subsidized according to the unit price of interruptible load electricity formed by bidding. In the case of a long regulation time, the peak shaving demand response will be regulated for more than 4 hours at a time, and the interruptible load electricity price (RMB/kW) formed through bidding will be subsidized. The maximum price limit for interruptible load is 15 yuan/kW. The demand for valley filling responds to the load of valley filling, promotes the consumption of renewable electricity, and implements subsidies for renewable energy consumption. Combined with the province's new energy output and consumption, during the annual holidays, the valley filling demand response will be launched according to demand. The renewable energy consumption subsidy is 0.6 yuan/kWh during the agreed response valley period.
4. International dynamics
1. The State Power Company of Ukraine announced that it would officially limit power to industrial and commercial enterprises
In a statement released on its official social media account on April 23, the state electricity company of Ukraine stated that in response to the current severe situation of power shortage, the company has urgently procured electricity from several European countries in the past two days and plans to introduce power rationing measures during peak electricity consumption periods for industrial and commercial enterprises in the future. The statement detailed that Ukraine's thermal power plants and other energy facilities have suffered significant damage due to the impact of recent missile strikes, resulting in the inability to generate electricity to meet the country's electricity needs. Since April 22, the company's power dispatch center has begun to urgently purchase electricity from Romania, Slovakia, Poland, Hungary, Moldova and other countries to ensure that the domestic power supply remains as stable as possible.
2. The foundation pouring of the wind turbine of the Bashi Wind Farm of the Uzbukhara Wind Power Project was completed
On April 19, local time, the foundation pouring of the 79th wind turbine of the Bashi Wind Farm of the Bukhara Wind Power Project in Uzbekistan was completed, which was completed 91 days ahead of the L3 plan, achieving an important milestone of the project. The Bash and Zankerdi wind power projects in Uzbekistan are key projects implemented by the Uzbek government to achieve energy transition and sustainable development goals. The project is located in the Bukhara region of Uzbekistan and is divided into two wind farms, Bashi and Zankeldi, with a total of 158 6.5 MW wind turbines and a total installed capacity of 1,000 MW, which is expected to be put into operation in the second quarter of 2025. After the completion of the project, it will greatly alleviate the situation of local power supply shortage, and at the same time reduce the impact on the environment and ecology.
Source: International Energy Network WeChat public account