Maoshuo Power Investment invested 480 million yuan to sign a power generation project framework cooperation agreement

On March 11, Maoshuo Power announced that recently, Maoshuo New Energy and the People's Government of Haojiaqiao Town of Lingwu City (hereinafter referred to as “Haojiaqiao Town Government”) signed the framework agreement for the 60MW photovoltaic grid-connected power generation project in Haojiaqiao Town, Lingwu City. The main content of the agreement is that Maoshuo New Energy plans to invest in the construction of a 60MW photovoltaic grid-connected power generation project in Haojiaqiao, Lingwu City, which is divided into three projects: Maoshuo Lingwu 20MW photovoltaic agricultural greenhouse project, Maoshuo Lingwu City 20 The MW residential rooftop photovoltaic project and the Maoshu Lingwu 20 MW reservoir photovoltaic project are expected to have a total investment of 480 million yuan.

Maoshuo New Energy is a subsidiary company of Moso Power, and the company has a 93.2388% stake.

Maoshuo Power said that based on the needs of the company's industrial layout, keeping up with national policies and industry trends, and practicing environmental protection concepts, fulfilling social responsibilities, and grasping the opportunities for the development of photovoltaic power generation industry, this agreement is beneficial to the company's development of photovoltaic industry strategy. The implementation of the company's new energy industry to promote long-term sustainable development.

As the photovoltaic power generation project is still in the preparatory stage, it will not affect the company's operating conditions in the short term.

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