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Recently, Huishan Dairy Group acquired a renewable energy company from a major shareholder and trial-produced compressed natural gas using cow manure, which has achieved good results
.
Su Yonghai, chief financial officer of Huishan Dairy, said that the company currently has 70 cattle farms, which will increase by 20 to 30 in the next one to two years, and currently has about 200,000 dairy cows, and the excreta produced by the cattle can be used to produce compressed natural gas
.
In the future, the company will add 10 similar plants, and the company hopes to produce 90 million cubic meters of CNG by 2017-18, and the current CNG price is 2.
6 yuan
per cubic meter.
Su Yonghai said that in addition to producing natural gas, the company is studying the construction of photovoltaic solar panels on the top of the ranch, and it is expected that a ranch can produce more than 50,000 megawatts of electricity
.
In addition, the company intends to acquire a domestic downstream liquid milk company, and because it has cooperated with the internationally renowned FrieslandCampina, it has not discussed cooperation
with other international brands for the time being.
Su Yonghai said that due to the need to develop the above-mentioned side business, the company's capital expenditure is expected to increase by hundreds of millions of yuan in the next year, or it may need to raise funds
.
Recently, Huishan Dairy Group acquired a renewable energy company from a major shareholder and trial-produced compressed natural gas using cow manure, which has achieved good results
.
Su Yonghai, chief financial officer of Huishan Dairy, said that the company currently has 70 cattle farms, which will increase by 20 to 30 in the next one to two years, and currently has about 200,000 dairy cows, and the excreta produced by the cattle can be used to produce compressed natural gas
.
In the future, the company will add 10 similar plants, and the company hopes to produce 90 million cubic meters of CNG by 2017-18, and the current CNG price is 2.
6 yuan
per cubic meter.
Su Yonghai said that in addition to producing natural gas, the company is studying the construction of photovoltaic solar panels on the top of the ranch, and it is expected that a ranch can produce more than 50,000 megawatts of electricity
.
In addition, the company intends to acquire a domestic downstream liquid milk company, and because it has cooperated with the internationally renowned FrieslandCampina, it has not discussed cooperation
with other international brands for the time being.
Su Yonghai said that due to the need to develop the above-mentioned side business, the company's capital expenditure is expected to increase by hundreds of millions of yuan in the next year, or it may need to raise funds
.