# NEW ENERGY completes Guangzhou headquarters and air source heat pump plant

NEW ENERGY has completed its headquarters and production base in the Guangzhou Technology Development Zone, with a total investment of 1 billion yuan and annual capacity above 1 million air source heat pump sets. The article gives conflicting timing, with production scheduled for June 2019.

- Type: New facility
- Announced: 2020-03-06
- Where: Guangzhou Technology Development Zone, China
- Value: $143.0M (1.00B CNY)
- Status: completed
- Capacity: More than 1 million sets of air source heat pumps per year
- Products: air source heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [NEW ENERGY](https://endata.com/companies/6212.md)

## Sources

- [weyes123.666forum.com](https://weyes123.666forum.com/t1651-good-news-completion-of-new-energy-headquarters), 2020-03-06: "After more than two years, the NEW ENERGY Headquarters Base has been completed and is scheduled to be put into production in June 2019."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.