Hixih Rubber Industry Group, Zhejiang Fortune Energy sign cooperation agreement
Shandong Hixih Rubber Industry Group and Zhejiang Fortune Energy Co., Ltd. have announced to establish Jining Fortune New Energy Science and Technology Co., Ltd., and construct a 120MW roof PV power generation project in the new energy science and technology industry demonstration base.
A total of one billion yuan will be invested in the project, including 660 million yuan for the first phase.
After the completion of the project, clean energy provided by the project will be able to save standard coal of about 45,000 tons, reduce carbon dioxide emission by about 125,000 tons, and lessen sulfur dioxide emission of about 1,500 tons.
Niu Yishun, party secretary of Hixih Group, said the group has invested 6 billion yuan in establishing self-owned brand tire programs in 2017, and it will invest another 6 billion yuan in a batch of high-end programs in 2018.
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