Goldwind Science & Technology plans to invest a total of 18.92 billion yuan in Bayannur City to build an integrated project for wind power-based hydrogen, ammonia, and alcohol production

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On September 10, Goldwind Science & Technology announced its intention to sign a project investment and development agreement with Bayannur for a wind power-based hydrogen, ammonia, and alcohol production facility. The company plans to invest in the construction of such a facility within Bayannur’s jurisdiction, with a total investment amount of around 18.92 billion yuan. The project aims to establish 3 GW of wind power capacity; more than 80% of the electricity generated will be used for water electrolysis to produce green hydrogen. Additionally, 600,000 tons per year of green methanol and 400,000 tons per year of green ammonia will be produced through the combination of biomass gasification and green hydrogen. Previously, Goldwind Science & Technology had launched a project in Xingan League for the production of 500,000 tons of green methanol through wind power utilization; the total investment planned for this project was 13.665 billion yuan. The project involves the construction of wind power facilities with a capacity of 2 million kilowatts, as well as biomass power generation units and biomass gasification systems, with an annual production capacity of 500,000 tons of green methanol once the facilities are completed. The project is being constructed in two phases; the first phase has a capacity of 250,000 tons per year, and construction began officially in April 2024. Sinochem Southwest Chemical Research and Design Institute Co., Ltd. won the contract for the T+EPC general contracting of the hydrogen production plant (Phase 1) for this project. The installation of the gasification furnace has been completed, with operation expected to start in September of this year. It is reported that this project was also included in the “Notice from the General Department of the **Energy Administration on Publicizing the Pilot Projects for Research and Industrialization of Green Liquid Fuel Technologies (First Batch)”. It is reported that Goldwind Science & Technology is developing a product portfolio that covers various applications such as onshore large-scale wind farms, offshore deep-sea areas, and distributed wind power systems. At the same time, it is expanding into emerging fields such as \"wind power +\" hydrogen production, energy storage, hybrid towers, and energy-carbon management, in order to continue to broaden the scope of wind power applications. During the reporting period, the company achieved operating revenue of RMB 2,853,709.73 million, representing a year-on-year increase of 41.26% ； The net profit attributable to shareholders of the parent company was RMB 1,487,542,400, representing a year-on-year increase of 7.26%.