China Huadian Corporation Ltd., a major state-owned power producer, plans to invest 100 billion yuan (about 15.52 billion U.S. dollars) in new-energy projects in northwest China's Xinjiang Uygur Autonomous Region from 2021 to 2025.
The corporation aims to increase the installed capacity of new-energy power generation by 20 million kW over the next five years, according to the power producer.
The corporation added that it will focus on the Yarkant River clean-energy project and help Xinjiang to develop itself into a national clean-energy base.
Editor: Kelly