If it were just Wujiang investing, the investment would be too large, and if something unexpected happened, the losses would be severe. Zhao Ye dared not gamble on that.
Wujiang Hydropower Group focuses on participation, earning some project fees and selling generator equipment. In the future, it can also provide ultra-high voltage direct current transmission technology and make another fortune.
Lunch took an hour to finish.
However, they finalized several large-scale projects in the cafeteria, with a total investment of over 10 billion US dollars. If this were to get out, it would surely cause great surprise to the media and netizens.
...
"In terms of energy, Wujiang Group can't just rely on hydropower. Thermal power, solar power, and nuclear power should also be areas that Wujiang Group needs to actively develop!"
Zhao Ye returned to his office and muttered to himself.
These projects are all burning through cash rapidly, and even Wujiang Group would find it difficult to cope.
In the afternoon, after much deliberation, Zhao Ye decided to make some trade-offs.
Abandoning thermal power and choosing to develop solar and nuclear power.
Wujiang Group has an advantage in solar power generation, as the main materials for photovoltaic panels are crystalline silicon, silicone, tempered glass, and so on.
Therefore, if Wujiang Group wants to enter the photovoltaic industry, it will quickly become a giant in the industry.
As for nuclear energy, it goes without saying that it is the most ideal energy source for mankind's future and the ultimate solution to energy needs.
Many large companies are betting on nuclear energy, and Wujiang Group's pace is already considered slow.
If you don't want to be defeated by your competitors in the future, you need to start planning early now and invest heavily in research and development.
Zhao Ye's attitude was firm, and his actions were decisive. Before leaving get off work that day, he announced to the group that he would enter the photovoltaic and nuclear energy industries.
The initial investment budget for these two projects is no less than $10 billion.
(End of this chapter)
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