In the context of accelerating progress towards carbon neutrality，New Energy Industry Accelerates in China's Provinces。Announcement issued by Guangdong Hydropower on September 26, 2023，Guangdong Hydropower Company and Shenzhen Tianli Energy Storage Technology Co., Ltd. signed a contract with Yunnan Simao Industrial Park Management Committee of Puer City, Yunnan Province《New Energy and New Materials Investment Cooperation Agreement》。

The cooperation projects of the three parties are photovoltaic power generation projects and solid-state power./Energy storage battery core+Intelligent power/Energy storage equipment integration project。The Simao Management Committee will, according to the state,、Yunnan Province、Relevant regulations on new energy policies of Pu'er City，Supporting the development of Guangdong hydropower in the urban area of Pu'er 3.5GWCentralized photovoltaic power generation project，The total investment is estimated to be 14 billion yuan.。Tianli Energy Storage promises to invest in the construction of solid-state power in the area designated by Simao Management Committee./Energy storage battery core+Intelligent power/Energy storage equipment integration project，The total investment is estimated to be 7.2 billion yuan.。

Guangdong Hydropower announced at the same time，Recently，Xinjiang Guangdong Hydropower, a wholly-owned subsidiary of the company, signed with the People's Government of Jintang County, Chengdu City, Sichuan Province《Xinjiang Guangdong Hydropower Energy Co., Ltd. 100MWFramework Agreement for Decentralized Wind Power Project》。Xinjiang Guangdong Hydropower Co., Ltd. plans to develop wind farm project in Jintang County，The planned wind power project is 100,000 kW.，The total investment is about 600 million yuan.。

In addition，Xinjiang Guangdong Hydropower also signed a strategic cooperation agreement with Jiangsu Nengying.，The two sides will strengthen the development and construction of gravity energy storage photovoltaic power generation under the background of new power system.、Wind power generation、Cooperation in comprehensive smart energy and other fields，Fully serve the national 3060 strategy landing and new power system construction。