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Hubei Jutai Electric Co., Ltd. is taking a proactive stance in aligning with the national new energy development strategy by actively promoting a project to produce 8,000 photovoltaic new energy storage transformers per year. This initiative is a significant step towards the company's commitment to sustainable development and the expansion of the new energy market.
Located in Gong'an County, Jingzhou City, Hubei Province, the project represents a substantial investment of 300 million yuan, underscoring the company's dedication to technological advancement and innovation in energy storage solutions。The construction period, which is set to start in the third quarter of 2023 and end in the fourth quarter of 2024, will not only enhance the company's production capabilities but also contribute to the regional economic growth and job creation。
The implementation of this project is in line with global trends towards renewable energy sources, which are predicted to surge by 58% by 2023, as estimated by the International Energy Agency。By focusing on photovoltaic new energy storage transformers, Hubei Jutai Electric Co., Ltd. is positioning itself at the forefront of this growing market, leveraging the potential of renewable energy to reduce greenhouse gas emissions and support the transition to a low-carbon economy.
Moreover, the project's alignment with the United Nations' Sustainable Development Goal 7, which aims to ensure access to affordable, reliable, and modern energy services, and to increase substantially the share of renewable energy in the global energy mix by 2030, further emphasizes the company's role in addressing global climate change and achieving environmental sustainability.By contributing to the development of green energy, Hubei Jutai Electric Co., Ltd. is not only expanding its business but also playing a crucial part in the global effort to mitigate climate change and promote sustainable development.
Main products: Dry Type Transformer, Oil Transformer, Fixed Switchgear, Drawer Switchgear
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