Brief: Sunpower Group Plans To Invest In A Biomass Cogeneration Project In Tongshan District
20/02/2020 15:12
Feb 20 (Reuters) - Sunpower Group Ltd SUNP.SI :
* COMPANY PLANS TO INVEST IN A BIOMASS COGENERATION PROJECT
IN
TONGSHAN DISTRICT
* ESTIMATED INVESTMENT FOR PHASE 1 OF TONGSHAN PROJECT ABOUT
RMB
420 MILLION
* TONGSHAN PROJECT WILL BE DEVELOPED UNDER A JV, OF WHICH CO
OWNS
85% STAKE
* UPON COMPLETION, BIOMASS COGENERATION PLANT TO SUPPLY
CIVIL
HEATING TO HOMES IN TONGSHAN DISTRICT & SUPPLY ELECTRICITY TO
STATE GRID
Source text for Eikon: ID:nSNZgLjT8
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