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Zhongmin Energy: Plans to invest 7.33B yuan in the construction of the Changle Offshore Centralized Unified Transmission Project.

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Zhongmin Energy announced plans to invest in the construction of the Changle Offshore Centralized Unified Transmission Project in Songxia Town, Changle District, Fuzhou City, Fujian Province, and its offshore waters, with a total project investment of approximately 7.33B yuan. The main construction content and scale of the project include: new transmission capacity of 2.1 million kilowatts, construction of one ±525 kV offshore flexible DC converter station and one onshore centralized control station (including energy storage, capacity of 210k kilowatts/420k kilowatt-hours), ±525 kV DC cables, control protection, and construction auxiliary projects. The project construction period is 24 months, with an estimated start date of December 31, 2026, and an estimated internal rate of return on capital of 4%.
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