Beijing Jingneng Clean Energy Co., Limited (0579)

Overview

Beijing Jingneng Clean Energy Co., Limited, founded in 2010 and rebranded from Beijing Jingneng Energy Technology Investment Co., Ltd. in August 2010, is a forefront entity in the clean energy sector based in Beijing, the People's Republic of China. As a subsidiary of Beijing Energy Group Co., Ltd., the company specializes in producing a diverse range of clean energy forms, including gas-fired power and heat energy, wind power, photovoltaic power, and hydropower. By December 31, 2022, Beijing Jingneng Clean Energy boasted an impressive installed capacity of 13,719 megawatts (MW). This capacity was strategically distributed across seven gas-fired cogeneration plants (4,702 MW), wind power generation (5,066 MW), photovoltaic power generation (3,532 MW), and hydropower (419 MW). Positioned as a critical player in China's energy sector, the company primarily sells its electricity output to local grid companies. Furthermore, it diversifies its offerings by providing ancillary services such as repair and maintenance, investment management, and finance leasing, thereby enhancing its overall market proposition.

Products and Services

• Gas-fired Power and Heat Energy

  As part of its portfolio, Beijing Jingneng Clean Energy develops, operates, and manages gas-fired cogeneration plants. These facilities are designed to produce both electricity and heat, providing efficient and reliable energy solutions for local communities and industries.

• Wind Power Generation

  With a significant installed capacity, the company invests in wind farms across the People's Republic of China. Leveraging advanced turbine technologies, Beijing Jingneng aims to harness wind resources efficiently, contributing to the country’s renewable energy mix and reducing carbon emissions.

• Photovoltaic Power Generation

  Photovoltaic power generation represents a critical component of the company’s renewable energy efforts. Beijing Jingneng Clean Energy constructs and operates solar parks that convert sunlight directly into electricity, emphasizing the role of solar energy in sustainable development and energy security.

• Hydropower

  Despite being the smallest portion of its portfolio, the company’s involvement in hydropower demonstrates its commitment to exploring various forms of renewable energy. Through the development and management of hydropower plants, Beijing Jingneng contributes additional clean energy to the national grid, promoting water conservation and ecosystem protection.

• Other Services

  In addition to its primary energy production activities, Beijing Jingneng Clean Energy offers support services that complement its main business. These include repair and maintenance services ensuring the optimal performance of energy facilities, investment management services to oversee and guide energy projects, and finance leasing services designed to provide financial solutions for energy investments.