HZHS Clean Energy, a subsidiary of China’s Shandong Hi-Speed New Energy Group (SHNE), has reportedly signed an EPC (Engineering, Procurement and Construction) contract with China Energy Engineering Anhui Electric Power Construction, part of the China Energy Engineering group, for a 212.5MW (megawatt) wind power project in Mudan District, Heze City, Shandong Province. The contract value is reportedly approximately RMB 1.23 billion including tax.
The contract was reportedly signed on August 10. HZHS Clean Energy is a wholly-owned subsidiary of SHNE and an indirect, non-wholly-owned subsidiary of Shandong Hi-Speed Group (SDHG). The counterparty, China Energy Engineering Anhui Electric Power Construction, is a power construction affiliate under the China Energy Engineering group based in Anhui Province. The project involves building a 212.5MW centralized wind farm in Mudan District, Heze City, Shandong Province; the original report did not disclose the specific wind turbine model or manufacturer, so this information could not be confirmed.