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On August 22, China Power Complete Equipment Co., Ltd., a subsidiary of the State Power Investment Corporation, successfully secured an 88.16-mu plot in the nascent region of Xiong'an New Area, paying a land transfer fee of 559 million yuan. This land will serve as the site for the State Power Investment Corporation's Xiong'an Base Project, which endeavors to establish a national, user-centric integrated smart energy innovation and industrial hub. The acquisition signifies a step-up in the central energy enterprises' innovation business sector's market entry into Xiong'an New Area, fostering an industrial clustering effect alongside existing central energy enterprises, thereby propelling the green energy industry towards high-quality development.
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