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Wenzhou maps out new energy industry, facilitates low-carbon transformation

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ezhejiang.gov.cn|Updated: April 28, 2022

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A floating carbon neutral headquarters project for wind power generated in the deep waters and high seas in Wenzhou. [Photo/jiemian.com]

Twelve new energy projects worth 125.8 billion yuan ($19.06 billion) in investments were signed in Wenzhou, a coastal city in East China's Zhejiang province, on April 28.

Upon completion, the projects are expected to generate a combined annual output value of 188.9 billion yuan.

Among the projects is a floating carbon neutral headquarters facility for wind power generated in deep waters and high seas in Wenzhou. This project represented an investment of 43 billion yuan.

Following the principle of integrating the new energy and manufacturing industries, the project will center on wind power generator manufacturing industry while bring in supporting enterprises of the whole industry chain.

Meanwhile, the 20-billion-yuan project by China General Nuclear Power Corporation, a domestic clean energy leader, will focus on new energy projects such as offshore wind power, pumped storage, photovoltaic, onshore wind power, and hydrogen production and energy storage.

"The settlement of large groups of new energy projects is expected to help Wenzhou achieve its goal of becoming a domestic leader in the innovative development of the new energy industry," said a government official.

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