On May 21st, the PV power generation project of Guangzhou Yuebao Cement Company Limited, to be invested and constructed by Zhidu Group, broke ground officially. Also on the day, the signing ceremony of a strategic cooperation agreement between Zhidu Group and Yuebao Cement was held in Yuebao Cement Plant. The event was attended by relevant leaders of the Party Committee and Government of Huadu District, and officials and representatives from the District Bureau of Development and Reform, Xiuquan Street, Tanbu Town, Yuebao Cement, Zhidu Group and its subsidiaries, including Zhidu New Energy, Zhidu Helei, Zhidu Green Gold Street, Zhidu City Development.

Central-local cooperation begins a new chapter

Low-carbon environmental protection speeds up again

At around 9:00 a.m. began officially the ground breaking of the photovoltaic power generation project and the signing ceremony of the strategic cooperation agreement between the two sides. The leaders picked up shovels to lay the foundation stone in the warm applause and set sail for the project, marking the official commencement of the construction stage of the distributed PV project of Guangzhou Yuebao Cement.

It has been learned that the distributed PV project of Guangzhou Yuebao Cement is invested by Zhidu New Energy Company. With a total investment of 38 million yuan, the project will have an installed capacity of 14.7MW, and consists of two major parts, the factory and the mining sectors, covering an area of about 124,000 square meters. Adopting the high-voltage grid connection mode that follows the principle of “self-generation for self-consumption, with excess power sold to the grid”, the project's estimated average annual power generation of 14,321,000kWh can meet 90% of the enterprise's electricity demand. In addition, the project's efficient use of idle land and its application of array-type fixed installation method to achieve a solid structure and convenient operation and maintenance is a perfect example of the in-depth integration of technological innovation and intensive utilization of resources.

The person in charge of Zhidu Group said that as the “pace-setter” of the new energy industry in Huadu District, Zhidu Group would actively fulfill its mission as a state-owned enterprise to establish a new benchmark of circular economy.

Pursue the double carbon goal

Plan for the green future

The implementation of Guangzhou Yuebao Cement PV Power Generation Project is a vivid example of the practice of promoting green and low-carbon development by the central-local coordination. With a planned operation period of 25 years, the project's continuous effect of emission reduction will inject long-term momentum for regional ecological improvement.

As a pioneer of green energy transformation in Guangzhou, Yuebao Cement's close cooperation with Zhidu New Energy not only demonstrates its commitment to enterprise social responsibility, but also highlights Huadu District's firm determination to drive high-quality development with innovation. With the implementation of the project, a win-win picture of coexistence of “lucid waters and lush mountains” and “gold and silver mountains” is unfolding in Huadu, while it contributes new wisdom and strength to the green and low-carbon development of the Guangdong-Hong Kong-Macau Greater Bay Area.

Strategic cooperation for deep integration

Win-win partnership for mutual benefit

Taking this photovoltaic project as the beginning point of their cooperation, Zhidu Group and Yuebao Cement will explore strategic cooperation in depth, and jointly seek new modes and paths of central-local cooperation. Both sides will rely on their respective technical advantages and market resources to carry out deeper and wider win-win cooperation in the fields of green financial supply chain, enterprise operation service and human resources.