CGN New Energy Holdings Co., Ltd. (C41)

Overview

CGN New Energy Holdings Co., Ltd. is a significant player in the energy sector, primarily engaged in the generation and supply of electricity and steam. Its operations extend across the People's Republic of China and the Republic of Korea, showcasing a diversified portfolio of energy projects. The company's energy generation capabilities span a wide range of sources, including wind, solar, gas-fired, coal-fired, oil-fired, hydro, cogeneration, biomass, and fuel cell projects. This diversity positions CGN New Energy as a key contributor to the sustainable energy mix in its operational territories. Originally incorporated in 1995 and headquartered in Wanchai, Hong Kong, the company has shown continuous growth and evolution. It was previously known as CGN Meiya Power Holdings Co., Ltd. before rebranding to CGN New Energy Holdings Co., Ltd. in November 2015. Besides energy generation, the company is also involved in the construction and operation of power stations, provision of management services to power plants, and investment in dams and other associated facilities. As a subsidiary of CGN Energy International Holdings Co., Limited, CGN New Energy Holdings Co., Ltd. leverages substantial expertise and resources to fulfill its mission.

Products and Services

The breadth of CGN New Energy Holdings Co., Ltd.'s portfolio showcases an array of energy solutions and services geared toward meeting diverse market needs. Below is an outline of the company's key product and service offerings:

• Electricity Generation: CGN New Energy specializes in generating electricity from various sources, including wind, solar, gas, coal, oil, and hydro. This broad spectrum of generation capabilities enables the company to provide reliable power supply options that cater to different geographic and environmental considerations.
• Steam Supply: In addition to electricity, the company also supplies steam, further diversifying its energy offerings and catering to industrial clients who require steam for manufacturing processes, heating, or other purposes.
• Cogeneration Projects: By simultaneously producing electricity and useful heat, CGN New Energy's cogeneration projects achieve higher energy efficiency. These projects optimally utilize fuel sources, reducing waste and environmental impact.
• Renewable Energy Projects: The company's commitment to sustainability is evident in its investment in renewable energy projects, including wind, solar, hydro, and biomass. These projects highlight CGN New Energy's role in promoting renewable sources and contributing to the global effort to combat climate change.
• Power Plant Management Services: CGN New Energy provides comprehensive management services for power plants, ensuring efficient and reliable plant operation. These services encompass operational management, maintenance, and technical support.
• Construction and Operational Services: The company's expertise also extends to the construction and operation of power stations and other associated facilities. By overseeing these processes, CGN New Energy ensures the delivery of high-quality, efficient energy infrastructure.
• Investment in Associated Facilities: Beyond its operational focus, CGN New Energy actively invests in dams and other associated facilities, underlining its commitment to enhancing and expanding its energy generation capabilities and infrastructure.