CGN New Energy Holdings Co Ltd - Company Profile
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CGN New Energy Holdings Co Ltd (CGN New Energy), a subsidiary of CGN Energy International Holdings Co Ltd, is an independent power producer. It generates electricity and steam using conventional and non-conventional energy sources. The company business includes: Solar, Wind, Hydro and Integrate. The company acquires clean and renewable power generation projects besides developing greenfield and brownfield projects. CGN New Energy constructs and operates wind, solar, gas-fired, coal-fired, oil-fired, hydro, cogeneration, and fuel cell plants in China and South Korea. The company’s portfolio of assets also comprises steam project. Its major customers are electricity off-takers. The company sells power through Korea Power Exchange. CGN New Energy is headquartered in Hong Kong.
CGN New Energy Holdings Co Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Steam | Construction |
Electricity | Operation |
Development of Power Projects |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In October, the company entered into an agreement with Anhui Institute for CGN New Energy Chongqing Yubei 9H gas power generation project. |
2023 | Contracts/Agreements | In September, the company entered into an agreement with Solar Peace for the equipment delivery of MSR devices and solar Field for the CGN New Energy Delingha 200MW CSP |
2022 | Contracts/Agreements | In December, the company entered into power purchase agreements with Covestro for renewable energy. |
Competitor Comparison
Key Parameters | CGN New Energy Holdings Co Ltd | Korea Electric Power Corp | CLP Power Hong Kong Ltd | Guangdong Datang International Chaozhou Power Company Limited | Guangdong Energy Group Co Ltd |
---|---|---|---|---|---|
Headquarters | Hong Kong | South Korea | Hong Kong | China | China |
City | Hong Kong | Naju | Kowloon | Beijing | Guangzhou |
State/Province | - | - | - | Beijing | Guangdong |
No. of Employees | 1,856 | - | - | - | 13,000 |
Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Zhang Zhiwu | Chairman; President | Executive Board | 2022 | 53 |
ZHENG Haiming | Chief Safety Officer | Senior Management | 2021 | 46 |
LIU Chao | Chief Accountant | Senior Management | 2018 | 45 |
LU Hao | Chief Engineer | Senior Management | - | 58 |
Li Guangming | President; Director | Executive Board | 2023 | 46 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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