Time fleets past, and the new year has arrived. In 2022, in the complicated context of the profound changes unseen in a century and the COVID-19 pandemic, and in the mighty tide of the times, the energy reform was unstoppable.
CYG ET seized the initiative in the crisis, and opened new avenues in the changing market, forging ahead and making innovation in the fields of power generation with new energy, energy storage microgrids, electric vehicle charging, business of carbon dioxide peaking and carbon neutrality, project EPC, etc. This year, we took advantage of the situation, seized the initiative, explored new roads, and bravely blazed a new trail through all difficulties!
01 Power generation with new energy
● The 156MW wind power project in Senj, Croatia was successfully put into operation
● The 1392.3 kW distributed PV power generation project of Liuzhou Lingguang Auto Parts Co., Ltd. was successfully put into operation (constructed by CYG Comprehensive Energy)
● The comprehensive energy project of CYG Intelligent Industry Science Park was successfully put into operation (constructed by CYG Comprehensive Energy)
● The Kunshan 1591.6 kW roof distributed PV power generation project was successfully put into operation (constructed by CYG Comprehensive Energy)
● The 899.76 kW distributed PV power generation project of Suzhou SIP Stard Valve Co., Ltd. was successfully put into operation (constructed by CYG Comprehensive Energy)
● The 350.55 kW distributed PV power generation project of Guangxi Meibao Electric Vehicle Technology Co., Ltd. was successfully put into operation (constructed by CYG Comprehensive Energy)
● The 803.7 kW distributed PV power generation project of Yulin Jian’ao Machinery Parts Co., Ltd. was successfully put into operation (constructed by CYG Comprehensive Energy)
02 Energy storage microgrids
● The State Grid Times Energy Storage Project of Huadian Datong No.1 Thermal Power Plant Co., Ltd. was successfully carried out
● The EPC project of the supporting 30MW (60MWh) energy storage system for the 200MW system in Zone A of the PV composite project of China Resources Power in Yongdeng, Gansu was successfully carried out
● Participated in the largest electrochemical energy storage project in Hunan Province - the 200MW/400MWh energy storage power station project of Leiyang Power Plant in Hengyang, Hunan Province
● Participated in the largest grid-side electrochemical energy storage project in East China - the energy storage system of the wind power, PV & storage base project of Three Gorges Renewables in Southern Fuyang, Anhui Province
● The bid for the Yarkant 200MW/800MWh energy storage project (for a market-oriented grid-connected PV power generation project) of Xinhua Hydropower in Kashgar, Xinjiang was won
● A "14th Five-Year Plan" project of Hunan Province - the 100MW/200MWh energy storage power station project in Tongdao, Huaihua, was successfully carried out
● The expansion and upgrading project of Enjiutang PV power station in Shigatse, Tibet was successfully carried out
03 Electric vehicle charging
● The first project of high-power liquid-cooled DC chargers - the procurement project of overvoltage European standard EV chargers for Xiangyang Da’an Automobile Test Center of Dongfeng Motor Corporation was successfully accepted
● The bid for Jingzhi Hubei State Grid Chuchuang battery change project (constructed by CYG New Energy)
04 Business of carbon dioxide peaking and carbon neutrality
● The Eco Explorer (an SaaS system) was launched
● The "Carbon Neutralization Action Report of Changyuan Technology Group Ltd.” was released
● Support was given to CYG SUNRI to build itself into a near-zero carbon demonstration enterprise
05 EPC of projects
● The Xushang Yongrui Wind Farm, the first wind farm constructed by the company that realized "zero carbon" operation and maintenance, was successfully put into operation
● The bid for the EPC of the Phase II 40MW agri-PV power station in Buyue Township, Zhaojue County was won (constructed by CYG Consulting and Engineering)
it is the right time to rise in great vigor. 2023 marks the 45th anniversary it is the right time to rise in great vigor. 2023 marks the 45th anniversary of reform and opening up. CYG ET will start a new journey in the Guangdong-Hong Kong-Macau Greater Bay Area, which has historical and strategic significance. We are ready! We will accelerate our energy business with innovation and empower new-type power systems. We will keep pace with the times and keep pursuing our dreams!