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In October, Kasen 2x330MW clean energy project invested and developed by Kasen Group of the United States, located in Bayansum, Central Province of Mongolia, was bustling with activity, and the commencement ceremony was held in a grand manner. Chairman Li Renchao was invited to attend the ceremony and had in-depth talks with the project owner and reached an intention on the co-operation and implementation of the project. The ceremony was attended by the Prime Minister of Mongolia, Sir. Luvsannamsrai Oyun-Erdene, the Deputy Prime Minister, the Minister of Energy and other government officials, experts, and leaders of the project investors and related parties, all of whom gathered together to witness this momentous occasion.

Photo: Address by Sir. Luvsannamsrai Oyun-Erdene, current Prime Minister of Mongolia

At the ceremony, Sir. Luvsannamsrai Oyun-Erdene warmly welcomed the guests and thanked the project team for their hard work. He emphasize that this green energy project is a key initiative to expand Mongolia's energy production capacity, and is a vivid demonstration of the country's proactive response to the national energy strategy and the promotion of clean energy transformation. The project will bring many benefits to Mongolia, which will not only effectively enhance the stability of the country's energy supply to meet the growing energy demand, but also promote the development of related industries, create a large number of jobs, and inject a strong impetus for the continued prosperity of Mongolia's economy. At the same time, the project will also play an important role in environmental protection and contribute to the global fight against climate change.

Photo: Mr Zhu Zhangjin, Chairman of the Board, Kasen Group, USA.

Mr Zhu Zhangjin, Chairman of Kasen Group, the investor of the project, said at the ceremony that in the context of global energy transition, the company has always been adhering to the concept of green development and is committed to making the project an environmentally friendly, efficient and intelligent demonstration project. The company will actively introduce and apply advanced technologies in the industry to achieve carbon emission reduction targets and promote the sustainable development of the project. In addition, the construction of the project will add new vitality to Mongolia's economic development, create more jobs, ensure the security of Mongolia's energy supply, and help Mongolia's economy flourish.

Photo: Li Renchao (left 5) was invited to attend and made the ribbon-cutting.

The attendance of Chairman Li Renchao at the ceremony fully reflects the great importance and active participation of CWPC in international clean energy cooperation. CWPC has profound technical accumulation and rich project execution experience in energy equipment manufacturing and general contracting. Kasen Group has unique advantages in energy project investment and development, resource integration and international market expansion. The future cooperation between the two parties can be said to complement each other. CWPC's excellent technology and reliable engineering quality, combined with Kasen Group's strong financial strength and extensive market channels, will provide a solid guarantee for the smooth progress of the Kasen 2x330MW clean energy project in Mongolia. This co-operation will not only enhance the construction efficiency and quality of the project, but also win more space for both parties to develop in the international clean energy market, and jointly contribute to the global clean energy cause.

The company will provide 330MW supercritical CFB high-efficiency clean combustion boiler for the project. The provision of equipment with first-class technology for the project fully reflects that CWPC attaches great importance to international clean energy cooperation and actively participates in it. Our Company has deep technical accumulation and rich project execution experience in energy equipment manufacturing and general contracting. Kasen Group has unique advantages in energy project investment and development, resource integration and international market expansion. The future cooperation between the two parties can be said to complement each other. CWPC’s excellent technology and reliable engineering quality, combined with Kasen Group's strong financial strength and extensive market channels, will provide a solid guarantee for the smooth progress of Kasen 2x330MW clean energy project in Mongolia. This co-operation will not only enhance the construction efficiency and quality of the project, but also win more space for both parties to develop in the international clean energy market, and jointly contribute to the global clean energy cause.

The ceremony was successfully concluded with a unique Mongolian vocal performance and warm applause, and leaders at all levels took photos and looked forward to the bright future of the project together. CWPC will also take this cooperation as an opportunity to continue to give full play to its own advantages and make greater contributions to the global clean energy cause.

Extended tips: Kasen Group is a large-scale integrated multinational enterprise group with more than 80 subsidiaries around the world. In recent years, Kasen Group has been fully engaged in international power and energy development and construction of international special economic zones. Based on the principle of synergistic development of traditional and new energy sources, Kasen Group carries out the construction and operation of thermal power, photovoltaic power, hydropower, wind power, and urban heating projects. Kasen Group also builds large-scale overseas special economic zones with power and energy as the key to promote Chinese enterprises' GOOUT and build a platform for international production capacity co-operation.