CGN New Energy Holdings Co., Ltd. (CGN New Energy) specializes in the investment and development, construction, production and O&M of wind power projects and is committed to the environmental protection, energy saving and emission reduction. The independent development and construction capacity, profitability and development speed of wind power business lead the industry, as evidenced by industry-leading performance in newly approved capacity, new capacity put into operation, cost per kWh and profit per kWh.
At present, the wind power business has evolved into an all-round development pattern, covering domestic and foreign, offshore and onshore, wind power generation and specialized services, and takes a leading-industry position in terms of standardization, product line and production capacity in the fields of wind power construction, operation and maintenance.
Solar
CGN New Energy is committed to the investment, construction, O&M and technology research and development of solar power plants, with its solar power business spread into 26 provinces, autonomous regions and municipalities directly under the Central Government in China, and the installed capacity ranking No. 3 in China. CGN New Energy has strong project O&M capability, leading technology research and development capability, for which it takes the leading position in the industry.
CGN New Energy has obtained many firsts in the solar power business:
CGN New Energy successfully won the bidding of the first photovoltaic power generation franchise demonstration project in China, i.e. Gansu Dunhuang 10 MW Grid-connected Photovoltaic Power Generation Project under trusteeship;
Hydro
According to the unified deployment of the State-owned Assets Supervision and Administration Commission of the State Council and CGN, CGN New Energy sold the unlisted hydropower assets in China as a package to China Cinda Asset Management Co., Ltd. (hereinafter referred to as “Cinda”). In the next 3-5 years, CGN New Energy will manage the production, O&M and engineering construction of hydropower assets of 1,252.30 MW under the trusteeship of Cinda.
Integrate
By the end of 2018, the consolidated installed capacity of CGN New Energy consisted of the attributable installed capacity of 12,576 MW and the holding installed capacity of 517 MW. The projects of CGN New Energy are distributed in Henan, Jiangsu, Shanghai, Hubei, Gansu, Hunan and other regions. The existing comprehensive energy asset management of CGN New Energy has achieved win-win cooperation between CGN New Energy and its users.
Among these projects, Jiangsu Nantong Project achieved ultra-low emission in advance, provided stable and reliable steam and electric power services for more than 140 users in the park, realized the exploration and innovation in the gas turbine technology, and provided the peak load guarantee for the power grid for many years.
It is a hydro project in Sichuan, the PRC, located in the Economic Development Zone of Mianyang, the second largest city in Sichuan province and downstream of the confluence of three rivers. The project, which we commissioned, is also located in the Sanjiang Water Control and Conservation complex, a multi-purpose project for irrigation, flood control and power generation. Power is purchased by Sichuan Provincial Electric Power Company.
Total Installed Capacity: 51 MW Fuel Type: Hydro COD: 2004
It is a hydro project in Guangxi, the PRC, located along the Rong River, downstream from the town of Fushi and near Liuzhou, an industrial city in the Guangxi Zhuang Autonomous Region where steel, automobiles and cement are produced.
Total Installed Capacity: 54 MW Fuel Type: Hydro COD: 2001
It is a coal-fired cogen project in Jiangsu, the PRC, located in the Haian ETD Zone in Jiangsu province. The project carries the capability to not only generate power but also to focus on heat supply, thereby serving the purposes of energy saving and emission reduction and the broader application of its fluidized-bed boilers, which are capable of burning low heat content coal of lesser quality, such as feed slurry, anthracite and lignite, thereby making composite utilization possible and reducing fuel costs.
Total Installed Capacity: 27 MW Fuel Type: Coal COD: 2005
It is a coal-fired cogen project in Jiangsu, the PRC, located in the Nantong ETD Zone in Jiangsu province. Cogeneration involves the production of electricity and steam using coal.
Daesan I Power Project is a 507 MW oil-fired combined cycle facility located in the Daesan industrial complex in the western part of Korea approximately 150 kilometers from Seoul. Daesan I Power Project began commercial operation in 1998. The project, consisting of four gas turbines and a steam turbine, supplies electricity to the Korean power grid.
Huangshi I coal-fired project is comprised of an inseparable 50% interest in a 200 MW unit (Part I) and two 330 MW units (Part II), totaling 760 MW. Part I is located in Huangshi City, 120 km from Wuhan, the capital of Hubei Province. Part II is located on the outskirts (Xisaishan) of Huangshi City, approximately 10 km from Part I, and about 400 m from the Yangzi River.
Huangshi II coal-fired project has a gross capacity of 1,360.0 MW and is a base load facility located in Huangshi, near Wuhan, the capital of Hubei province. Huangshi II coal-fired project consists of two domestically manufactured ultra super critical coal fired units with a gross capacity of 680.0 MW. Unit 1 commenced commercial operation in December 2010, and Unit 2 commenced commercial operation in April 2014.
Puguang Power Project is a 2x125MW coal-fired power plant located at 11km from Nanyang City, Henan Province. The two units were put into operational in February and June 1999 respectively.
Total Installed Capacity: 250 MW Fuel Type: Coal COD: 1999
It is a gas-fired project in Hubei, the PRC, located in the Wuhan Economic and Technological Development Zone, Hubei province. The project commenced simple-cycle commercial operation in December 1996 and combined-cycle commercial operation in October 1997. The project units, which were previously fired with heavy fuel oil, were converted to fire with natural gas in July 2005.
Total Installed Capacity: 176.5 MW Fuel Type: Natural gas COD: 2005 (upon conversion from oil-fired)
Yulchon Power Project is a 577.4 MW gas-fired combined cycle power project with an intermediate to peaking facility located at the Yulchon Industrial Complex, Jeollanam-do, in the southern part of the Korean peninsula.
Total Installed Capacity: 577.4 MW Fuel Type: Liquefied natural gas COD: 2005
Yulchon II Power Project is a 946.3 MW gas-fired combined cycle power project located adjacent to Yulchon I Power Project at the Yulchon Industrial Complex, Jeollanam-do, in the southern part of the Korean peninsula. Yulchon II Power Project achieved combined cycle COD in April 2014.
Total Installed Capacity: 946.3 MW Fuel Type: Liquefied natural gas COD: 2014
The Yulchon Fuel Cell Project consists of 15.4 MW of fuel cell projects, comprising a Phase I 4.8 MW fuel cell project, a Phase II 5.6 MW fuel cell project and a Phase III 5 MW fuel cell project.