Guangdong Electric Power Development Co., Ltd. (000539)

Overview

Guangdong Electric Power Development Co., Ltd., established in 1992 and rooted in Guangzhou, plays a pivotal role in China's energy sector. This influential entity is an operational arm under the Guangdong Energy Group Co.,Ltd., indicating its substantial support and integration within a more extensive energy network. Its core business revolves around the development, deployment, and management of a broad spectrum of electric power projects throughout the People's Republic of China. With a diversified portfolio that spans across thermal, LNG, wind, biomass, photovoltaic, and hydro power sources, Guangdong Electric Power Development Co., Ltd. showcases a commitment to not just meeting the growing energy demands within its jurisdiction but also to embracing renewable and sustainable energy sources. This approach highlights the company's adaptability to the evolving global energy landscape and its dedication to supporting environmental sustainability initiatives alongside its commercial objectives.

Products and Services

Guangdong Electric Power Development Co., Ltd. offers a comprehensive array of products and services tailored to the dynamic energy market, including:

• Thermal Power Generation: Utilizing traditional energy sources, the company produces electricity through the combustion of fossil fuels. This segment represents the foundational aspect of their power generation capacity, contributing significantly to the company's ability to provide consistent and reliable energy supply.
• LNG Power Sources: Focused on cleaner energy alternatives, Guangdong Electric Power Development harnesses LNG (Liquefied Natural Gas) to generate electricity. LNG serves as a pivotal component of their commitment to reducing carbon emissions while ensuring energy security and diversification.
• Wind Power: Capitalizing on renewable energy resources, their wind power projects contribute to a sustainable energy mix. These initiatives are indicative of the company's forward-looking strategy to invest in renewable and eco-friendly energy sources.
• Biomass Power Generation: Further diving into renewable energy, biomass power utilizes organic materials to produce electricity. This method not only helps in reducing waste but also in generating energy in an environmentally sustainable manner.
• Photovoltaic Power Generation: Through harvesting solar energy, Guangdong Electric Power Development taps into one of the most abundant and cleanest energy sources available. Photovoltaic power generation underscores their efforts in adopting alternative energy to reduce dependency on fossil fuels.
• Hydro Power: Making use of water sources, the company generates electricity, contributing to their renewable energy portfolio. Hydro power projects reflect their commitment to leveraging natural resources for energy generation with minimal environmental impact.
• Coal-fired Power Plants: Beyond just operating existing plants, the company actively engages in the development and construction of coal-fired power stations. Despite the global shift towards renewables, these facilities underscore the still-present reliance on coal as a significant energy source for large-scale power generation.