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Recently, a signing ceremony was held in Baotou City for the project aimed at producing 1.5 million tons of green hydroalcohol per year, carried out by Guodian Ningbo Wind Power Development Co., Ltd. It marks a significant advancement in the progress of this large-scale chemical project. It is understood that Guodian Ningbo Wind Power Development Co., Ltd. is a wholly-owned subsidiary of Guodian Power Development Co., Ltd., which is part of the **Energy Group. It is primarily engaged in the development, investment, and operation of wind, solar, and other renewable energy power generation projects in Zhejiang and surrounding provinces. The agreement shows that Baotou City possesses excellent conditions across the entire chain – hydrogen production, storage, transportation, and utilization – providing a solid foundation for establishing a hydrogen energy industry with resilience and sustainability. Guided by the principles of complementary strengths, resource integration, and shared development in the field of wind power, hydrogen, and hydrocarbons, the two parties have formed a close partnership to establish a specialized team for the hydrogen energy industrial park. They plan to invest in Damao Banner to build a facility capable of producing 1.5 million tons of green hydrocarbons per year, with the goal of creating an industrial park that integrates the production, storage, transportation, and sales of green hydrocarbons as well as their application in various industries. Once completed, the project is expected to generate annual sales revenues of around 9 billion yuan.