Achievements

Gullen Range(GR)Wind Power Project in Australia

  

        Gullen Range project was established on July 10, 2014, the company completed project delivery with GOLD WIND, and acquired the Australian project smoothly. The total installed capacity of Australian GR Wind and Power Project was 165.5MW. The company held 75%of the shareholding and assets of the project, and also occupied the 6% of the installed capacity in the wind power market in Australia. The project is the first overseas one and also the first overseas project of BEH; and it has the actively exemplary role. In 2016, based on the advantage of overseas base of Australia's GR project, the company successfully completed the first overseas solar project merger and acquisition (M&A)- Australian Glen 10MW photovoltaic power generation projects, constructed the first large-scale landscape wind farm in Australia, which was an Australian local benchmark for demonstration projects extended with its own capital on the basis of Glen project, thus gaining a A$10 million government subsidy from Australia clean energy agency. The amount of subsidy has been over 40%, making internal rate of return is over 13%. The successful promotion of the project has been and has reinforced the construction of offshore platforms while diversifying the business.