At the end of last year, at the demonstration launch meeting of the new energy system in Jiangsu Province, Xuzhou City officially opened the prelude to the construction of the new energy system in 2024. Through the centralized signing of 42 major new energy projects, including the Xuzhou Economic Development Zone's major project expansion and power grid strengthening engineering projects, it demonstrated its ambition in the field of new energy. As a city with abundant energy resources, Xuzhou has considerable coal reserves, as well as abundant solar and wind power resources. At the same time, there is enormous potential for geothermal and biomass energy. Faced with such resource advantages, the demand for green and low-carbon transformation in Xuzhou has become increasingly urgent.
At the end of last year, at the demonstration launch meeting of the new energy system in Jiangsu Province, Xuzhou City officially opened the prelude to the construction of the new energy system in 2024. Through the centralized signing of 42 major new energy projects, including the Xuzhou Economic Development Zone's major project expansion and power grid strengthening engineering projects, it demonstrated its ambition in the field of new energy. As a city with abundant energy resources, Xuzhou has considerable coal reserves, as well as abundant solar and wind power resources. At the same time, there is enormous potential for geothermal and biomass energy. Faced with such resource advantages, the demand for green and low-carbon transformation in Xuzhou has become increasingly urgent.
Xu Zhou Municipal Party Secretary Song Lewei emphasized that in recent years, Xu Zhou has actively responded to global energy changes and the national "dual carbon" strategy, committed to promoting the transformation and upgrading of traditional energy and the cultivation and growth of new energy in parallel. Through continuous innovation, Xuzhou has gradually formed a green and low-carbon energy industry cluster with new energy, coal-fired power, green environmental protection, and "dual carbon" industries as the main chains.
As a leading enterprise in the green and low-carbon energy industry of Xuzhou, GCL Technology Holdings Co., Ltd. is leading the optimization and upgrading of the industrial chain. Xuzhou is promoting the deep integration of new energy technologies with modern technologies, new materials, and advanced manufacturing technologies, and has formed a sizable group of green and low-carbon energy enterprises. According to statistics, in the first 10 months of 2023, the output value of Xuzhou's green and low-carbon energy industry cluster has exceeded 107 billion yuan.
At the end of last year, the Development and Reform Commission of Jiangsu Province released the "Xuzhou New Energy System Medium - and Long Term Development Plan (2023-2030)", which formulated a clear blueprint for Xuzhou's future energy development. The plan specifies 163 major projects in the energy sector, and it is expected that the total investment will reach 293.9 billion yuan in the next 7 years. Secretary Song Lewei stated that Xuzhou will take the green and low-carbon energy industry as a key support for building a modern industrial system, and is committed to building Xuzhou into a demonstration city for a new energy system, contributing more to the national energy strategy.
