20 12 1 1, China Petrochemical and Henan Province made it clear in the minutes of the joint meeting of strategic cooperation that emerging companies will implement green and low-carbon projects in Henan Province on behalf of China Petrochemical to accelerate the comprehensive development and utilization of geothermal resources. In recent years, the company has identified Henan Province as the main battlefield for development and concentrated its efforts on developing resource projects. It has successively built heating projects of sewage waste heat and geothermal comprehensive utilization in Pusanlian oil production in Zhongyuan Oilfield, geothermal heating projects in Pubei New District of Puyang and Yedu Park in Qingfeng, sewage waste heat utilization in Xiaermen United Station of Henan Oilfield and geothermal heating projects in hydropower community, with an annual heating capacity of 6,543,800 square meters, and its local influence is expanding day by day.
According to the new positioning requirements of the party group of the group company to turn emerging companies into new energy professional companies, since April this year, the company has begun to plan and promote the development of other new energy businesses such as solar energy and biomass energy while vigorously developing geothermal projects. Deepening joint venture and straightening out the system is one of the important measures. It is reported that the two newly established joint ventures will engage in the investment, development, construction and operation of geothermal energy, solar energy, wind energy, biomass energy and other new energy and industrial waste heat and pressure in the local area under the overall layout of the company's new energy development in Henan.