Business Overview


Photovoltaic Power

In line with the industrial policy and sustainable development strategy of China, and to explore clean energy sector apart from the natural gas business of the Group, construction of distributed photovoltaic power generating units at the top of the existing plant buildings (the “Photovoltaic Project”) were carried out by Puxing Energy in 2018 with aims to provide the existing plants of the Group and power grids with new high-quality clean energy through the generation of photovoltaic power, as well as to supplement the auxiliary power rate of the power plants and open up new sources of income for the Group. The Group expects to carry out the 2nd phase Photovoltaic Project of Jingxing Power Plant and the Photovoltaic Project of Bluesky Power Plant when the related national photovoltaic policy becomes favourable in the future. In September 2020, Deneng Power Plant successfully acquired Quzhou Power Plant, and resulted in an increase in the photovoltaic power generating units of the Group from 578kW to 731kW.