China Longyuan Power Group Corp Ltd - Company Profile
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China Longyuan Power Group Corporation Ltd (CLPGC) is a power generation company with focus on new energy. It focuses mainly on wind power and involved in other power projects such as thermal, solar, tidal, biomass and geothermal. Business performance of wind power segment, focus on technological innovation and power generation capacity strengthened the company’s business but customer concentration is a cause for concern. Nevertheless, power market in China, global renewable energy market and growth initiatives could present ample growth opportunities to CLPGC. However, climatic conditions, grid curtailment and stiff competition are likely to affect the company’s operations.
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