Press Releases Archives - Page 11 of 16 - VPower Group Fast Track Distributed Power Generation

First Biogas Project Commenced Commercial Operation

5:18 pm
Shandong - IMG_9992.4

VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK), a leading DPG station owner and operator in Southeast Asia, is pleased to announce that the first phase of the Group’s first biogas project equipped with combined heat and power (“CHP”) system in Shandong Province, China (“Shandong Project”) has commenced commercial operation in early September.

The Shandong Project is the Group’s first “Waste-to-Energy” project with a 15-year contract term to provide its off-taker with a one-stop power generation solution starting from the biological desulfurization process. The first phase of the project with an installed capacity of 8.2MW

Receives Letter of Acceptance for a 90MW Power Plant from Myanmar Government

11:37 pm

VPower Group International Holdings Limited (“VPower Group”, or together with its subsidiaries, the “Group”) is pleased to announce that the Group was issued a Letter of Acceptance by Electric Power Generation Enterprise (“EPGE”), Ministry of Electricity and Energy of the Government of the Republic of the Union of Myanmar (“Myanmar”) which sets out the mutual understandings on key terms for the definitive agreement in respect of the purchase of electricity (90MW) in Myingyan Region, Myanmar by EPGE with a term of 60 months (subject to extension by agreement) (the “Project”) on 7 May 2018. The Group expects to build and