On November 4, Fujian Yongfu Power Engineering Co., Ltd. (Yongfu) received  Letter of Acceptance from Zhongmin (Fujin) Biomass Thermal Power Co., Ltd., confirming the award of EPC contract for 1×30MW agricultural and forestry biomass CHP project, with the contract amount of RMB 240.068 Million.

The project, located in Erlongshan Town, Fujin City, Heilongjiang Province, China, consists of a 1×130t/h circulating fluidized bed boiler, a 1×30MW condensing steam turbine unit,SNCR and flue gas purification device.The project is scheduled to pass 96-hour full-load trial run on December 21, 2020.

The agricultural and forest biomass residues are used as fuel for power generation, whilst ash residues are fully utilized, which will be resulting in a circulatory economy industrial chain. The project will use straw (e.g.corn straw, straw stalk, etc.) of about 224,900 tons annually, with annual power generation of 195 GWh (6,500 annual utilization hours) and annual heat supply of 6.2×104GJ (equivalent to 80,000 tons of standard coal), significant amount of carbon dioxide, sulfide, nitrogen oxides and emissions will be reduced.

After successfully winning the first biomass EPC contract, the Company is ready to continue in the development of green project and to provide high-quality service through best-in-class organization and management. We'll work with the Owner to build a reputable project and make contribution to clean energy industry and environment/ecological friendly development in Fujin City.