因资金问题,中国首个高空风电项目陷入停滞|中路股份_新浪财经_新浪网
Due to funding problems, China’s first high-altitude wind power project has stalled
February 19, 2020 12:40
Interface News
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Original title: China’s first high-altitude wind power project has stalled due to funding issues
Reporter | Xi Jinghua
There is no need to build towers and blades, and the power generation device is floated into the air in a manner similar to flying a kite to generate power. This is China’s first high-altitude wind power project planned and constructed in Jixi, Anhui. However, due to funding problems, this project has stalled.
On February 18, ZhongluCo., Ltd. (hereinafter referred to as Zhonglu Co., Ltd., 600818.SH) issued an announcement stating that the Jixi High-altitude Wind Power Project could not be completed as scheduled due to the large funding gap of the project and the difficulty in financing.
The project is the first large-scale and commercial construction project of high-altitude wind power in China. The total construction scale is 100 MW. It is developed and constructed by Jixi Middle Road High-altitude Wind Power Co., Ltd., a subsidiary of Zhonglu Co., Ltd., with a total investment of 790 million yuan.
In August 2017, the Jixi High-altitude Wind Power Project was approved by the Anhui Provincial Development and Reform Commission and was implemented in phases.
Zhonglu shares plans to install two 5 MW high-altitude wind energy generating units developed by Guangdong Gaoaltitude Wind Energy Technology Co., Ltd. (hereinafter referred to as Guangdong Gaoaltitude Wind Energy) with an installed capacity of 10 MW in the first phase of the project.
In January 2018, the first phase of the project started in Jinsha Town, Jixi, Anhui. The construction of the main building project is planned to be completed by the end of November 2019. The project will be completed by the end of March 2020. The commissioning and grid-connected power generation will be completed in the first half of 2020, and the electricity will be merged into the State Grid. .
On April 16, 2019, Zhonglu adjusted the estimated budget for the first phase of the project from 93 million yuan to 175 million yuan. As of June 18 of that year, the project had invested a total of approximately 19.12 million yuan, accounting for 10.93% of the estimated budget for the first phase of the project.
Up to now, the project has only completed the structural topping of the pile foundation and electric control building of the first phase of the main plant.
The announcement stated that the high-altitude wind energy project is an internationally leading cutting-edge technology, and the project has a greater demand for follow-up funds. Since the project entered the design and construction, Zhonglu has been under greater financial pressure, and the project construction and commissioned processing equipment have come to a standstill.
As of the third quarter of 2019, Zhonglu’s book currency funds amounted to 28,165,800 yuan, a decrease of 83.69% from the beginning of the year. Due to bank loans, Zhonglu’s book short-term loan amount was 79 million yuan, a decrease of 41.48% from the beginning of the year.
Zhonglu said that in addition to financial pressure, the Jixi high-altitude wind energy project is also affected by factors such as the project’s ground mechanical system is a non-standard customized product, and the processing technology is special, and the supplier needs a long time to schedule special production and testing.
High-altitude wind energy is a kind of renewable clean energy with huge reserves and widespread distribution. Its theoretical power generation time exceeds 95%, and the annual power generation time can be as high as 6500 hours.
Compared with traditional wind power, high-altitude wind power is mostly based on kite flying and multi-kites in series, which captures better wind resources. The power generation cost is about 1/3 of traditional wind power, and it covers an area of only 1/30, and eliminates noise problems. The impact on the environment is small.
In 2013, there was an international upsurge of investment in high-altitude wind power, and technology research and development capabilities were basically based in North America, Europe, and Germany. However, large-scale commercial use has not yet been achieved.
In November 2009, Guangdong High-altitude Wind Energy settled in Guangzhou. According to the information from Tianyan Check, Guangdong High-altitude Wind Energy is the first domestic enterprise with mid-to-high-altitude wind power generation technology.
In December 2014, Zhonglu Co., Ltd. invested 40.491 million yuan in Guangdong Gaokong Wind Energy and increased its holdings. After the transaction is completed, Zhonglu shares hold 58.04% of the shares of Guangdong Gaokong Wind Energy.
On December 4 of that year, Zhonglu also issued a non-public share offering plan, which planned to raise 2.5 billion yuan to invest in the construction of a 400 MW high-altitude wind power project and to supplement working capital.
The plan announcement shows that the high-altitude wind power generation system developed by Zhonglu is an umbrella-ladder combination high-altitude wind power generation system, which is mainly composed of an air part, a ground part and system control. The air system is composed of one or several power parachutes and several balanced parachutes; the ground system It is mainly composed of generator, hoist (drum and reverse rotation motor) and universal pulley; the umbrellas, the working umbrella and the hoist are connected by light and high-strength cables.
In 2015, Guangdong High-altitude Wind Energy’s high-altitude wind energy demonstration power station project in Wuhu County, Anhui Province was operated. From May 4th to July 12th, 2015, it carried out nine flying power generation operations. The operating altitude is between 132 meters and 488 meters, and the cumulative power generation time of the equipment is 53 hours, with a total power generation of 31,000 kWh.
In 2016, the National Development and Reform Commission and the National Energy Administration issued the “Energy Technology Revolution and Innovation Action (2016-2030)”, which clearly carried out research on key technologies of large-scale high-altitude wind turbines. According to the plan, a complete set of wind power generation technologies at an altitude of 200 meters to 300 meters will be formed in 2020, and will be applied and promoted in 2030.
Zhonglu Co., Ltd. is the parent company of Forever Bicycle. According to the information from Tianyancha, Zhonglu Co., Ltd. was formerly known as Shanghai Bicycle Factory. It acquired permanent shares in July 2001. Its main business is the production and sales of bicycles, parts, mopeds and other special vehicles and other bicycle-related products.
The performance pre-loss announcement shows that in 2019, Zhonglu shares are expected to lose 60 million to 80 million yuan.
Zhonglu shares stated that the reason for the performance loss was the rapid changes in the shared bicycle market and the shrinking of the sports industry market, which resulted in the inability to collect the relevant accounts receivable in time and the inventory pressure, based on which accounts receivable and inventory impairment losses were calculated.
Guangdong High-altitude Wind Energy has also been at a loss. From 2016 to 2018, losses were 25.225 million yuan, 23.937 million yuan and 24.65 million yuan respectively.