Jiaze Xineng: Jidong County's green hydrogenated alcohol aviation fuel matching cogeneration project has been approved.

Jiaze New Energy announced that its second-level holding subsidiary Heilongjiang Jiayi Rongyuan Green Chemical Co., Ltd. has received approval from the Heilongjiang Provincial Development and Reform Commission to approve the supporting biomass cogeneration project for the 300,000-ton green hydrogen alcohol aviation fuel chemical co-production project in Jidong County. The project is located in the Chemical Industry Park of Jidong Economic Development Zone, with a total installed capacity of 45MW, and the generated electricity is used for synthesizing green methanol. The total investment of the project is 540.66 million yuan, with 30% being enterprise's own funds and the rest being applied for loans. The project's survey and design will be completed through open bidding, with an estimated bidding amount of 54.066 million yuan.