Guangdong Construction Signs $6 Billion Green Methanol and LNG Project in Shandong
Guangdong Yue Hydropower Energy Investment Group has signed a framework agreement with the People's Government of Tancheng County in Shandong Province for a $6 billion project that includes a 500MW wind power facility, a green methanol plant with a capacity of 200,000 tons per year, and a green LNG project capable of producing 65,000 tons annually. This initiative aims to enhance Guangdong Construction's clean energy portfolio and promote sustainable development.
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On December 26, Guangdong Yue Hydropower Energy Investment Group, a subsidiary of Guangdong Construction Engineering Group, signed a framework agreement with the People's Government of Tancheng County, Linyi City, Shandong Province. The agreement involves a 500MW wind power project, a green methanol facility with a capacity of 200,000 tons per year, and a green LNG project with a capacity of 65,000 tons per year.
The estimated total investment for the project is approximately 6 billion yuan. This initiative aims to expand Guangdong Construction's clean energy business and support sustainable development.
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