Does Baotou Iron & Steel Group Co Ltd develop solar power projects in China?

Baotou Iron and Steel Group Co Ltd has been actively involved in the development of solar power projects in China. The company has established a number of joint ventures with other companies to develop solar power projects in China. Baotou Iron and Steel Group Co Ltd has also invested in the development of its own solar power projects.

Is Baotou a Silicon City?

Baotou City, also referred to as the "Green Silicon City" in China, stands out as the largest silicon-producing city in the country. Moreover, it aspires to become the world's leading hub for silicon industry production.

What is the potential capacity of solar and wind in Baotou City?

The potential capacity of solar and wind in Baotou City is 28GW and 37GW, respectively. The city government mentioned in its 14th five-year plan that by 2025, it is expected to have 4GW installed capacity from solar and 10GW from wind, creating an output value of 9 billion RMB ($1,245,985,200 USD).

Will Baotou become a major energy hub?

"During the 14th Five-Year Plan period (2021-25), we aim to turn the city into a major national hub for modern energy," said Meng Fanli, Party secretary of Baotou. "The city is inclusive and open to various application scenarios and has its unique advantages in the new energy industry."

Is Baotou boosting green growth in Inner Mongolia?

[Photo/Xinhua] Major city in Inner Mongolia rich in rare earths now boosting green growth Baotou, a prominent city to the west of regional capital Hohhot, the Inner Mongolia autonomous region, is stepping up efforts to further its new energy development, in pursuit of green and low-carbon growth.

Is Baotou a green city?

Baotou, a green city with an ever-improving business environment and a prosperous future, is open to and welcomes friends from all over the world. Baotou, a livable city with rich natural resources in China’s Inner Mongolia autonomous region, is making big strides in the new energy industry to boost green development.