What is China Longyuan Power Group?

China Longyuan Power Group Corporation Limited is a company that generates and sells wind and coal power in the People’s Republic of China and internationally. It operates through two segments: Wind Power and Coal Power. China Longyuan Power Group designs, develops, constructs, manages, and operates wind and coal power plants.

How has Longyuan Power developed new energy?

Focusing on key breakthroughs, the development of new energy reached new heights. Longyuan Power added 54 gigawatts to its resource reserves, all located in areas with high-quality resources, while 22.75 gigawatts of projects are approved.

What is Longyuan Power's 'Ningxia-Hunan direct current' project?

Longyuan Power's “Ningxia-Hunan Direct Current” and its 1 million kilowatts photovoltaic desertification control project phase I. Longyuan Power consolidated its safety and environmental protection baseline, with production and operation quality steadily improving.

How much money does Longyuan Power make a year?

According to Chinese accounting standards, the company achieved an annual revenue of 37.642 billion yuan, with a net profit attributable to shareholders of the listed company of 6.249 billion yuan. Longyuan Power's “Ningxia-Hunan Direct Current” and its 1 million kilowatts photovoltaic desertification control project phase I.

Will Longyuan Power build a 2 GW hybrid wind-solar-storage project?

Longyuan Power said this week that it has signed an agreement with the government of Chifeng, Inner Mongolia, to build a 2 GW hybrid wind-solar-storage project. It will feature 1 .2 GW of wind, 800 MW of PV power, and 200 MWh of storage capacity.

How many megawatts does Longyuan Power have in 2023?

In 2023, the company added 1,562.55 megawatts of controlled wind power installed capacity and 2,947.28 megawatts of controlled photovoltaic installed capacity. By strengthening innovation, Longyuan Power creates advantages in digital and intelligent technology.