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National Energy Group invests in new energy projects in western China

Source: International Energy Network
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February 22, 2024, 11:09 AM
Recently, National Energy Group Western Energy Investment Co., Ltd. was officially unveiled with a registered capital of up to 10 billion yuan. According to the shareholding structure, this newly established company is a wholly-owned subsidiary of State Energy Group New Energy Co., Ltd., which is controlled by State Energy Investment Group.

The establishment of the National Energy Group Western Energy Investment Co., Ltd. marks the further expansion of China's investment layout in the new energy field. The company will focus on developing, investing, constructing and operating new energy projects as its core business, mainly including clean energy such as wind energy, solar energy, and hydropower. By implementing a number of major new energy projects with overall, strategic and demonstration nature, the company will make positive contributions to the adjustment of the national energy structure, green and low-carbon development, and energy security.

As a leading enterprise in China's energy field, the National Energy Investment Group actively responds to the national energy development strategy and continues to increase investment in new energy industries. The establishment of the National Energy Group Western Energy Investment Co., Ltd. aims to make full use of the resource advantages and policy advantages of the western region to promote the development of the new energy industry. After its establishment, the company will closely focus on the development strategy of the National Energy Investment Group and strive to achieve green, low-carbon and efficient sustainable development.

With the strong support of the state, China's new energy industry has a strong momentum of development. New energy investment has become a hot spot in China's foreign capital markets, attracting many companies to deploy. The establishment of the National Energy Group Western Energy Investment Co., Ltd. will not only help enhance the competitiveness of the National Energy Investment Group in the new energy field, but will also drive the common development of upstream and downstream enterprises in the industrial chain, laying a solid foundation for realizing the leap-forward development of China's new energy industry. foundation.

In short, the establishment of the National Energy Group Western Energy Investment Co., Ltd. marks the continuous optimization of the investment layout of China's new energy industry and will further promote the rapid development of China's new energy industry. In future development, the company will adhere to the development concepts of innovation, coordination, green, openness and sharing, and contribute to China's energy transformation and green and low-carbon development. Source: International Energy Network