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Yumen 100MW tower CSP project will restart after twists and turns

Reported from CSPPLAZA: Yumen 100MW tower CSP project which belongs to the first batch of demonstration project will restart after twists and turns. The project has announced a formal withdrawal from the list of demonstration project in February. Under the coordination of the local government, Beijing Shouhang IHW Resources Saving Technology Co., Ltd officially announced that Shouhang will take over the development right of this project.

With a total investment of RMB 2.46 billion($35,9million),the net profit margin of capital during the operation period of the project is 14.26%, the capital recovery period is 11.04 years, the IRR of investment is 8.6% and the IRR of capital is 13.04%.The project is expected to break ground in October, and be completed in October, 2020.

The following form shows the main projects that Shouhang is involved in.

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