GEPIC Energy Development (SHE:000791) received Chinese municipal approval for its 1-gigawatt renewable energy project in Qingyang, China, according to a Thursday disclosure to the Shenzhen Stock Exchange.
The phase 2 project of the Gansu Qingyang East-West Computing Industrial Park Green Electricity Aggregation Pilot Project's installed capacity will reach more than 10% of the total installed power generation capacity as of the end of 2025.