Zhongheyuanfengli Power Generation Group

Are China's power generation companies accelerating renewable capacity expansion?

China’s power generation companies have carried out a phenomenal renewable capacity expansion in the past 2019 and 2020. China’s renewable developers—most of which are state-owned companies—rushed to connect their projects in the pipeline, as subsidy sunset for most renewable projects from 2021 onward.

Who owns Shanghai Electric Power Plant?

Now affiliated to Shanghai Electric Power Generation Equipment Co., Ltd., a Joint-Venture of Shanghai Electric and Siemens, the plant reached the annual production output of 36000MW in 2006, which ranked first in the world. Its domestic market share approached nearly 40% and its products entered international markets.

Is China Huaneng catching up in renewable investment?

While China Huaneng remains a coal-fired heavyweight, the firm has been trying to catch up in renewable investment and to improve its power asset structure. Notably, its clean power portion in 2019 has leap 7% compared to that in 2018.

Why is Shanghai turbine works called the cradle of turbines?

After foundation of the People’s Republic of China, it was named by the state Shanghai Turbine Works, China’s first plant which designed and manufactured turbines. In 1955, China’s first 6MW turbine was successfully manufactured by using Czechoslovak technology and the plant was reputed as the “cradle of turbine in China”.

How many Tier 1 power companies are there in China?

By the end of 2020, the five major power utilities (tier-1 player) have built up a 145GW cumulative wind installed capacity and 47GW solar photovoltaic capacity. [READ MORE: All you need to know about the hierarchy and market structure of the Chinese power companies–the tier-1, 2, 3 players and their 2018 power portfolio.]

How did Xiaomi power group achieve a long-term guarantee mechanism?

The group consolidated and expanded the normal and long-term guarantee mechanism, with the daily cumulative power generation breaking through 4 billion kilowatt-hours 15 times, successfully completing the supply tasks during important periods such as peak demand, summer and winter peaks, major sports events, the Asian Games, and the key regions.