China Longyuan Power Group Limited 龙源电力集团股份有限公司 | |
Type: | State-owned enterprise |
Area Served: | People's Republic of China |
Key People: | Chairman: Mr. Zhu Yongfan |
Industry: | Wind power |
Parent: | China Guodian Corporation |
Foundation: | 1993 |
Location City: | Beijing |
Location Country: | People's Republic of China |
Homepage: | China Longyuan Power Group Limited |
China Longyuan Power Group Limited (HKEX:), or Longyuan Power, is the largest wind power producer in China and Asia.[1] It is mainly engaged in designing, developing, managing and operating wind power plants, and selling the electricity generated by its plants to its sole customers.[2] As of June 2013, the company had installed wind power plants with a total capacity of 10,661 MW.[3]
Longyuan Power is a partially owned subsidiary of the state-owned China Energy Investment, and is responsible for China Energy's renewable energy assets. It had a 24 percent share of China's wind power market in terms of total installed capacity as of the end of 2008. It was listed on the Hong Kong Stock Exchange as H share in December 2009 with an IPO price of HK$8.16 per share.[4]