Recently, a resource Pingtai New Energy Co., Ltd. was established. The major shareholder of the company is China Power Construction Group Zhongnan Survey, Design and Research Institute Co., Ltd. (a subsidiary of China Power Construction), which holds 70% of the shares, and Yunda holds 15% of the shares. I think the specific business category is already clear through the company's name, that is, new energy. The establishment of Ziyuan Pingtai New Energy Co., Ltd. is just one of the layout of China Power Construction to enter the new energy field. Then the power of China Power Construction in the field of new energy and the underlying reasons behind it.

60 trillion: the huge market behind new energy

In fact, the root cause of the new energy war craze comes from the global control of carbon dioxide emissions. This is the concept of carbon peak and carbon neutrality that we have often heard in recent years. So what is carbon peaking and carbon neutrality? Carbon peaking means that at a certain point in time, carbon dioxide emissions no longer increase to a peak, and then gradually fall back.

Carbon neutrality: refers to the calculation of the total amount of greenhouse gas emissions produced directly or indirectly by enterprises, groups or individuals within a certain period of time, and through afforestation, energy saving and emission reduction, etc., to offset their own carbon dioxide emissions and achieve zero carbon dioxide emissions. , Then our country’s leaders delivered an important speech at the general debate of the 75th United Nations General Assembly and proposed that China’s carbon dioxide emissions will reach a peak by 2030 and strive to achieve carbon neutrality by 2060. According to my country's 14th Five-Year Plan and 2035 long-term goals and recommendations, China will promote the safe and efficient use of clean, low-carbon energy, accelerate the development of new energy, green and environmental protection industries, and promote a comprehensive green transformation of economic and social development. The industry volume driven by this transformation is at least 60 trillion yuan.

China Power Construction New Energy Corporation

If other companies are relatively unfamiliar with new energy, China Power Construction is not. China Power Construction Group New Energy Power Co., Ltd. is a testimony to its early deployment in this field. Backed by the unique advantages of China Power Construction Group of "understanding water and power generation, good planning and design, long construction and construction, and ability to invest and operate", China Power Construction New Energy Corporation has developed rapidly.

China Power Construction New Energy Corporation will complete a total of 3.709 billion kWh of on-grid electricity in 2020, a year-on-year increase of 14.79%, and complete 107.18% of the annual plan; realize operating income of 1.768 billion yuan, a year-on-year increase of 7.26%, and complete 102.79% of the annual plan; realize profit The total amount was 344 million yuan, a year-on-year increase of 49.95%, and 134.38% of the annual plan was completed. It can be seen from this that China Power Construction New Energy Corporation's production and operation tasks, power generation, operating income, profit and other key operating performance indicators have reached historical highs.

In addition, China Power Construction New Energy Corporation has completed six wind power projects in Hunan Jinjuefeng, Hunan Jiangkou, Hunan Shigaitang, Guizhou Huanglianba, Hebei Wanquan Phase II, and Shandong Maershan. Won the battle of "guaranteed electricity price", the company's operating installed capacity exceeded 2 million kilowatts; 35 projects that have been approved or approved for preliminary work, totaling 2,844,600 kilowatts, have made outstanding contributions to the country. In addition, China Power Construction New Energy Corporation will also fully deploy the distributed photovoltaic market in the Beijing-Tianjin-Hebei and Xiongan New Areas.

Power Construction Geothermal Company Unveiled

On November 19, 2020, the Power Construction Geothermal Company, jointly funded by the Henan Engineering Company, Hebei Design Institute, and Shanghai Equipment Company affiliated to Power China, was inaugurated and established in Zhengzhou, Henan, marking the "China Power Construction Geothermal Development Co., Ltd. "Started the formal operation.

As a clean energy with large storage capacity, good stability, high utilization efficiency, and good economic feasibility, geothermal energy is rich in reserves and does not generate greenhouse gases during use. my country has always promoted the development of non-fossil energy and renewable energy. Important direction. In the "14th Five-Year Plan" period when the party and the country are deeply advancing the implementation of the 2060 "carbon neutral" strategy, geothermal energy will also assume more important development missions and historical responsibilities, and the industry growth environment and market development prospects will usher in greater space.

Combine strong forces to plan the 14th Five-Year Plan

In February 2021, China Power Construction Group Guizhou Engineering Company and Run Chuangxin Energy Fund held a business exchange meeting in China Resources Building and signed a strategic cooperation framework agreement. During the "14th Five-Year Plan" period, the two parties will promote the investment and construction of 1120MW wind power photovoltaic cooperation projects, and at the same time further innovate cooperation models and resource integration methods to jointly enhance market competitiveness under the new situation.

Because the "14th Five-Year Plan" is a key opportunity and window period for China Resources Power's energy structure transformation, it will make every effort to promote the rapid development of new energy. For China Power Construction, Guizhou Power Construction is a subsidiary of China Power Construction Group Co., Ltd., leading the industry in the construction of domestic new energy power generation projects. It has the advantages of integrated EPC services for new energy projects and can start in the "14th Five-Year Plan" period. At the beginning, the two parties realized the 1120MW new energy project cooperation, which is equivalent to seizing the opportunity, which is of great significance.

Power China's top ten new energy projects in 2020

All of the above are the achievements of China Power Construction in the domestic new energy field. What about the international aspect? Let's take stock of the top ten new energy projects of Power China in 2020:Qatar Alcazar 800MW Photovoltaic Project; Contracting unit: China Power Construction Group Guizhou Engineering Co., Ltd.;800MW wind power project in Nicolsk and Mangus District, Ukraine;600MW solar photovoltaic power generation project in Zambia;Ukraine Eurocape Phase II 402MW Wind Power Project;300MW Photovoltaic Power Station Project in Gauchari, Jujuy Province, Argentina;550MW photovoltaic power generation project in Luning, Vietnam; contracted by the joint venture of the Central South Research Institute of Power Construction Group and Power Construction International Corporation;330MW photovoltaic power generation project in Phu Mei, Vietnam; constructed by a joint venture between the Jiangxi Institute of Power Construction Group and Power Construction International Corporation;Vietnam Pingda 310MW offshore wind power project; Power Construction East China Institute signed a contract;170MW photovoltaic project in Khanh Hoa Long Son, Vietnam;Vietnam Bac Lieu Phase III 141MW Wind Power Project;

As you can see, half of the above 10 projects are from Vietnam, which shows the influence of China Power Construction in Vietnam. That’s right, Vietnam is the fastest-growing economy among the ten ASEAN countries in recent years. For 20 consecutive years, its GDP growth rate has exceeded 6%, and its economic and trade exchanges with China have become increasingly close. In 2020, it has become China’s sixth largest trade cooperation in the world. partner. In the past 20 years, POWERCHINA can be said to have grown together with the Vietnamese market. Then the status of China Power Construction in Vietnam can be summarized in one sentence in the industry: Competing for Vietnam, we also look at Power Construction!

A good start in 2021

On February 23, 2021, the Governor of Papua New Guinea and the Chief Executive Officer of Papua New Guinea Electric Power Company signed the “Papua New Guinea Phase II Hydropower Project Implementation Agreement (IA)” on behalf of Papua New Guinea and China Power Construction Papua New Guinea. "Pakistan Lamu Hydropower Project Phase II Power Purchase Agreement (PPA)".

Recently, Power China has received good news again, that Shandong Power Construction Third Company, a subsidiary of Power China, has signed two overseas EPC projects. Among them, the EPC contract for the Saudi Red Sea Public Utilities Infrastructure Project was signed with Saudi International Power and Water Corporation. This project is the world's first large-scale commercial utility project that integrates multi-energy complementation and integration. It is also the first time that Saudi Arabia has carried out public utility construction in the PPP mode, further consolidating the leading international EPC contractor of China Power Construction in Saudi Arabia and the entire Middle East region. status.

In addition, it has signed the EPC contract for the Myanmar Sunshine New Energy Photovoltaic Project (Tender Section 4), with a total installed capacity of 418 MW. The 9 plots are distributed in many provinces and cities in central and northern Myanmar. After completion, it will greatly alleviate the power shortage in the region . In 2020, PowerChina has shown a perfect record: "China Power Construction signed 673.26 billion new year, which secondary unit has the most outstanding performance? 》, achieving a year-on-year growth of 31.5%. With the in-depth layout of the new energy field, I believe that the future will show a more brilliant tomorrow!Editor/Xing Wentao