China Green Electricity Investment Corporation Limited (000537)

Overview

China Green Electricity Investment of Tianjin Co., Ltd., originally founded in 1986 as Tianjin Guangyu Development Co., Ltd., underwent a significant rebranding in September 2022 to better reflect its mission and operations in the renewable energy sector. This transition marks a pivotal evolution in the company's focus, underscoring its commitment to green energy investments. Positioned in Beijing, China, the company has carved out a niche in the renewable energy industry, concentrating on the investment, development, construction, and operation of various green energy projects. Its dedication to advancing renewable energy solutions places it at the forefront of China's energy transition efforts. As a key subsidiary of Luneng Group Co., LTD, China Green Electricity Investment of Tianjin Co., Ltd. benefits from a strong backing, enabling it to pursue ambitious projects in the green energy domain.

Products and Services

• Offshore Wind Power

Specializing in harnessing the power of the sea, China Green Electricity Investment focuses on the development and operation of offshore wind farms. These projects are pivotal in tapping into the vast potential of wind energy off the coast, providing sustainable energy solutions that contribute significantly to reducing carbon emissions.

• Onshore Wind Power

Complementing its offshore endeavors, the company also invests in onshore wind power projects. These installations capture the kinetic energy of the wind across various terrains, converting it into electricity. This sector has seen substantial growth thanks to advancements in wind turbine technology and the company's innovative approaches to site selection and project management.

• Photovoltaic Power Generation

Photovoltaic (PV) technology captures sunlight and converts it directly into electricity. China Green Electricity Investment is actively involved in the development and operation of PV projects, contributing to the diversification of China's energy mix. These projects are essential for leveraging solar energy's full potential, offering a clean, inexhaustible source of power.

• Solar Thermal Power Generation

Alongside photovoltaic projects, the company delves into solar thermal power, a technology that uses mirrors or lenses to concentrate sunlight, generating heat that is then used to produce electricity. This method complements the PV systems, providing an alternative approach to harnessing solar energy for large-scale power generation.

• Energy Storage Services

Recognizing the intermittent nature of renewable energy sources, China Green Electricity Investment offers energy storage solutions. These services are crucial for maintaining a stable energy supply, allowing for the storage of excess energy produced during peak production times and its release during periods of high demand or low production.