God-level Trader of Rebirth

Chapter 489 Financing Debt to Equity Swap

Director Wang accompanied Thomas and other board members and chatted for a long time before the escort from Lingshui County hurried over and said in his ear: "Director Wang, we have already signed the contract for the rubber factory, and there is really no way to change it."

"How about you see if this works? To be honest, this hilly area isn't too much of a hindrance. Let them use bulldozers to level the ground."

"Of course, this is more troublesome and the cost will be higher."

"Then we will suffer a little loss. We will give them a total of seven square kilometers of saline-alkali land and ten square kilometers of hills. If they are willing to bulldoze it themselves, they can. If not, we will place the solar panels loosely."

"We only need to charge them a total of ten square kilometers of land transfer fee."

Director Wang thought about it for a while, smiled and patted him on the shoulder and said, "Yes! Your proposal is very good! Although they use bulldozers to flatten these hills, it will cost more, but in general, it is still better than It would be much cheaper for them to purchase 17 square kilometers of open space directly, but it would only take a little more time. "

After hearing Director Wang's reply, Thomas and other board members gathered together to discuss for a while and then accepted their proposal.

Moreover, they also suggested that since hilly areas are cheaper, it is better to buy more.

The total area of ​​these hilly areas is twenty to thirty kilometers, and they are willing to buy all of them.

Director Wang couldn't help but shook his head secretly.

These foreigners are really rude. As soon as they see something cheap, they want to take advantage of it all.

Whether it is saline-alkali land or hills, although it is inferior to agricultural land, it can also be used for various commercial developments.

If the country hadn't wanted to attract Western energy companies to invest in China, who would have sold it to you so cheaply?

He couldn't agree to the deal on behalf of Lingshui County, he was just acting as a middleman, and the details would have to be negotiated between the Northern California Company and Lingshui County.

Finally, there was a secret nod from the state’s Department of Energy.

Lingshui County reluctantly agreed to sell all these lands to Northern California Solar Energy Company.

However, they also stipulated in the contract that these lands can only be used for the construction of solar power stations and cannot be converted to other uses and cannot be sold to third parties.

If regulations are violated, Lingshui County has the right to take back the land.

The Northern California company agreed to Lingshui County's request and happily signed a formal contract.

In the end, they captured seven square kilometers of flat salt-alkali land in one fell swoop, and after surveying, they found a total of twenty square kilometers of hilly land.

Twenty-seven square kilometers of construction land was purchased in one go.

According to the Ministry of Energy's thinking, it would be extraordinary if they could utilize all of this land.

A solar power station covering more than 300 square kilometers can provide more than billion kilowatt-hours of electricity every year!

If all construction is completed, coupled with Qiongzhou's local power system, the province's power supply will be fully guaranteed.

Maybe some more electricity can be supplied to Guangdong, which would be even better.

The Northern California Solar Company has obviously been holding back its energy for so many years. The contract here has just been signed, and they can't wait to take action.

I was very busy using lime powder to draw circles and fill some muddy areas flatly.

A few days later, a large number of technical personnel flew over from the United States to work with Z personnel to plan the construction of the inverter station of the power plant.

About half a month later, the first batch of solar cell arrays was shipped from abroad by sea.

Busy preparations are still being done here, while the battery packs over there have already begun to be placed, wired, and assembled according to the plan.

The wind on the island is strong. In order to ensure that the solar panels will not be blown away by the strong wind, the Northern California company directly placed ten meters of steel bars as supports under each placement point and firmly welded the solar panels.

Director Wang returned to Baijing to report on his work. When he went to Lingshui County two months later, he was surprised to find that nearly three square kilometers of solar panels had been installed on the seaside.

Hundreds of workers are busy building inverter stations.

In the distance, telephone poles extended inland, straight to a green building.

This is the delivery point originally agreed upon for the Northern California solar power station to sell the electricity generated to the Qiongzhou Power Grid.

According to the contract, Qiongzhou Power Grid purchased all the electricity from the company's solar power station in Northern California at a price of 25 cents per kilowatt hour, and then sold it to end users at a price of 70 cents per kilowatt hour for commercial electricity and one yuan for industrial electricity.

Because in the early stages of construction of the solar power plant, in order to save costs, no energy storage station was set up, so the power plant was unable to supply power at night.

Therefore, the electricity used by residents at night is still supplied by the independent power generation of Qiongzhou Power Grid.

This result has made the Ministry of Energy very satisfied.

It was only March, and Qiongzhou’s power supply began to become tense.

A large number of hydropower stations lack power supply, the price of coal has risen sharply, long-distance transportation is difficult, and thermal power generation cannot guarantee sufficient power supply.

In many places, "power rationing" measures have begun to appear to save electricity.

The rapid completion and operation of the Northern California solar power station has quickly alleviated Qiongzhou's power shortage.

At the end of March, the three-square-kilometer solar power plant built by the Northern California Solar Energy Company began to supply power to the neighboring Siya, Wanning, and Qiongzhong regions at a scale of supplying 11.5 million kilowatt hours of electricity per day.

In April, a Northern California company began building an automated factory on a bulldozed hilly site.

They are determined to close all the remaining small businesses in the United States, transfer them all to China, and completely abandon the North American market.

At the end of April, a total of five square kilometers of solar power stations in Northern California were completed and put into operation, supplying 18 million kilowatt-hours of electricity to the Qiongzhou power grid every day.

At this point, the power shortage situation in Qiongzhou has been greatly alleviated.

Local government officials in Qiongzhou have successively visited the company's construction site in Northern California for on-site inspections.

They issued on-site instructions to the Lingshui County Government, where the Northern California company is located, asking them to make every effort to assist the Northern California company in the construction of solar power stations.

It also requires mobilizing militia and reserve personnel to actively participate in the work of leveling hilly areas and completing the leveling of the power plant land as soon as possible. They also greeted Northern California Solar board members and heard their input.

He said on the spot that Qiongzhou would fully support the construction of solar power stations and provide them with all the conveniences they can!

The tax department also stated that in accordance with the latest tax exemption policy for the new energy industry, Northern California solar companies will be given a preferential policy of full tax exemption for three years and half tax burden for eight years.

(Full exemption from tax burden = exemption from all taxes. Tax burden is the tax burden, an economic burden caused by state taxation.)

In mid-June, Qiongzhou announced that it would build a civilized, clean and pollution-free province.

At the same time, we vigorously carry out pollution reduction and emission reduction work, and order rectification of factories and enterprises with serious pollution.

Starting in June, the board members of the Northern California company did not stay at the construction site. Instead, they left China and went to Europe to lobby vigorously.

Based on the existing power grid, they hope to obtain more financial investment.

July 2010.

The first European bank issued the first financing loan to a Northern California company, with a total amount of 250 million euros.

The two parties negotiated that if the Northern California company cannot repay the loan on time, the financing loan can be converted into shares.

At that time, the bank will join the board of directors and become one of the company's shareholders.

On the Internet, the commercialization of solar energy, which has been silent for eight years, has once again become the focus of people's attention!

The stocks of listed companies with solar energy businesses began to rise rapidly, rising steadily.

Countless solar energy-related research departments have issued enthusiastic congratulations, celebrating the breakthrough of solar energy technology, and claiming that they have long said that it is only a matter of time before solar energy becomes popular and becomes one of the main energy sources for mankind.

October 2010.

Northern California company received second tranche of financing, totaling 6 billion euros!

This is a financing loan jointly issued by several European financial institutions.

They also put forward the conditions for debt-for-equity conversion, requiring that if the loan cannot be repaid on time, the bonds can be converted into company shares according to a certain proportion.

This news shocked the whole world!

Immediately, thousands of financial institutions around the world expressed their willingness to provide financing loans to Northern California solar companies.

They only have one requirement, which is that this financing can also be converted into bonds and shares.

The Northern California Solar Energy Company, relying on huge financial support, has embarked on a path of rapid expansion.

The automatic production line invested and built by the company in China started operating at a staggering speed, and at the same time that the first production line was put into use, the construction of the second production line began.

Because of the localization of production and the full support of Party Z.

Qiongzhou's 27 square kilometers of construction land was all used up at the beginning of the second year.

The Northern California solar power station has a daily power output of an astonishing 93 million kWh.

Qiongzhou Power Grid's transmission network in Lingshui has reached the maximum limit for power transmission.

This is originally a terminal subnet, and at this time it is no longer able to bear the transmission of higher power.

The Ministry of Energy personally takes the lead in building an ultra-high-voltage long-distance transmission backbone network in Lingshui, and is determined to build a high-voltage transmission line from Qiongzhou to Guangdong based on the sea-rail line.

In addition, several major state-owned banks, including Bank of China, Industrial and Commercial Bank of China, and China Construction Bank, jointly provided RMB 40 billion in funds to the Northern California company to participate in investment and equity participation.

Accounting for 24% of the shares.

Considering that solar power plants have begun to take shape, in order to disperse the potential risks of excessive concentration of power generation areas.

Northern California Solar has proposed a plan for "distributed photovoltaic power generation."

That is, across the country, they rent unused rooftops of residents, install solar arrays, and then sell the generated electricity directly to the local power grid.

Doing so can prevent large-scale power supply interruptions in the event of natural disasters, equipment failures or man-made accidents.

At the same time, a large amount of land area can be saved.

It can be said that there are many benefits.

After evaluation, experts from the Ministry of Energy believe that this plan is highly feasible.

Not only can it avoid the high cost of rebuilding the power grid, but it can also allow people in many places to earn a lot of extra income every year.

After all, according to the Northern California company's plan, they will rent residents' rooftops to lay solar panels at a price of 60-80 yuan per square meter.

Calculated in this way, many rural residents can earn nearly tens of thousands of yuan in rental income a year.

This is a very astonishing number!

It even exceeds the total annual income of families in many poor areas!

Once truly promoted, it will significantly increase the income level of local residents and will also have a great promotion effect on economic development.

It can also greatly alleviate the problems in rural areas where the aging population has no pension and difficulty in providing for the elderly.

The country has no reason not to support it.

Therefore, they quickly introduced support for the development of distributed photovoltaics, encouraged the installation of photovoltaic solar panels on industrial and commercial, public institutions and residential roofs, and provided subsidies or other forms of support for such projects.

These policies directly gave birth to the “rooftop economy”.

Relevant listed companies, such as "Oriental Yuhong", which specializes in building waterproofing, have benefited from this, and their stocks have experienced an astonishing trend of five consecutive boards.

Many people were amazed by Huaxia's generosity.

And other countries are not willing to lag behind.