PVTIME – China Huadian Group New Energy Development Company Limited Company disclosed on November 18 that it intends to submit a proposal on its initial public offering via A-shares for the IPO listing in the Shanghai Stock Exchange.
The company plans to raise funds for renewable energy projects with a total investment of 80.412 billion yuan. In its plan, solar and wind power plants with a total installed capacity of 15.1655GW, and related load-consumption center, new power systems and ecological development projects with clean energy will be involved. Particularly, 21 billion of the funds will be invested in the solar and wind power generation projects.
