Jilin Power to Spend $1.25 Billion on Renewables, Xinhua Says

  • Company to add 1 gigawatt of renewable power in Shulan city
  • Move to more than double Jilin's clean-energy capacity

Jilin Power Share Co., a Chinese electricity generator, plans to invest 8 billion yuan ($1.25 billion) to build renewable power plants of 1 gigawatt capacity in Shulan city in China’s northeastern province of Jilin, Xinhua News Agency reported.

The plan will include 900 megawatts of wind farms and 100 megawatts of solar power facilities, the agency reported on Tuesday. The company, which will start construction by 2020, and the city signed an agreement on Monday, Xinhua said.

The move will more than double Jilin Power’s clean-energy capacity, according to the report. As of the end of 2014, the company derived 20 percent of its power from clean energy from a total capacity of 924.70 megawatts, Xinhua said.

— With assistance by Feifei Shen

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