Builds new energy to exceed 3.3 million kilowatts

Recently, with the construction of the Xinjiang Hami Santang Lake wind power project by China Electric Construction New Energy Development Co., the installed capacity of new energy sources such as photovoltaics and wind power in China has reached 3.3 million kilowatts under construction, and the effect of business restructuring and transformation and upgrading has been highlighted. .

In recent years, with the spring tide of the domestic clean energy market, large enterprise groups and financial institutions have entered the new energy field one after another, creating a situation of rivalry. As a leader and main force in the development and construction of new energy in China, China National Power Construction Co., Ltd. has become a new energy development company. It is based on the “China Power Construction” brand to rapidly expand the new energy brand. New energy construction. And investment goes hand in hand to achieve double growth. Among them, the investments in Guizhou Zunyi Baimashan Wind Farm Project, Sichuan Panzhihua Wanjiashan Photovoltaic Power Project, Hunan Phoenix Mountain Wind Farm Project, Gansu Dunhuang Jianjian Huieng Photovoltaic Power Generation Project, Guangdong Yangjiang Jishan Wind Farm Project, Shandong Haiyang Jiulongshan Wind farm projects and other quality projects have started construction. On May 26, 2014, China Power Construction Group invested in and built the first offshore wind farm—Jiangsu Rudong Wind Farm successfully connected to the grid for power generation. The world’s largest million-level mountain photovoltaic project group—Panzhihua Yanbian Wanjiashan Project’s power generation Right away, China Power Construction has become a newcomer to the domestic new energy map.

China’s huge investment in clean energy appears to be striking because it has started much later in this area than in the United States or Europe. In 2004 (the year when Bloomberg New Energy Finance first began publishing data on this aspect), China’s investment in renewable energy is only US$2.4 billion, which is less than one-half that of the US and only one-ninth that of Europe. However, China's growth momentum is very strong. In a short span of ten years, China’s cumulative total investment has surpassed the United States (China is 388 billion U.S. dollars and the United States is 346 billion U.S. dollars). The European Union’s investment in the clean energy sector has only doubled in the past decade.

In terms of installed capacity, China’s vitality is also quite alarming. According to figures provided by the Global Wind Energy Council (Gwec) and the European Photovoltaic Industry Association (EPIA), the total installed capacity of solar power and wind power in China is 109 GW, which exceeds 78 GW in the United States, but still Less than 200 GW of EU.

At present, the world is in a green revolution in energy, and the development of clean energy has become a consensus among countries in the world. According to the national energy plan, China’s non-fossil fuels accounted for 11.4% of primary energy consumption in 2015 and 15% by 2020. Cleaner energy consumption in the medium and long term will become more clear; the National Energy Agency’s national energy in 2015. The work conference report stated that the 2015 PV, wind power and other development targets will not be set; it is reported that the national “13th Five-Year” new energy development goal was initially set to reach at least 200 million kilowatts of wind and solar installed capacity by 2020. 100 million kilowatts. The energy market "infinity" is infinite.

As the world’s largest power construction company, China Power Construction has taken a new turn for the domestic energy market in recent years. While consolidating the traditional hydropower thermal power planning, design and construction industry chain integration business, it has also increased new energy represented by wind power and photovoltaic power generation. The strength of investment in the field. By the end of 2014, the installed capacity of new energy under construction and operation reached 3.3 million kilowatts. Among them, the wind power projects that have been put into production have installed 1.8 million kilowatts and 160,000 kilowatts of photovoltaics. According to the research data of NPDSolarbuzz, a photovoltaic research organization, China Telecom has installed more than 600,000 kilowatts of solar photovoltaic projects in 2013 and is listed as the top three photovoltaic contractor in China. The new energy investment business has become a major strategic choice for the Group to adjust its business structure, promote transformation and upgrade, and better realize sustainable development of the company.