China Power International Development Ltd 2016 AR2
The report outlines China Power International Development Limited's financial and operational performance for the fiscal year 2016, highlighting its strategic transition toward clean energy. During the year, the company increased its clean energy attributable installed capacity to 22.01% of its total portfolio, driven by the commercial operation of several wind and photovoltaic projects, including the Datong "Top Runner" solar project. Despite facing challenges from lower coal-fired tariffs and rising coal prices, the company successfully expanded its heat supply capacity and completed ultra-low emission upgrades on thirteen coal-fired units. Additionally, the company entered the local electricity sales and distribution market through key investments in Gui'an New District and Sichuan Energy Investment.
Company: China Power International Development Ltd
Sector: Energy utilities
Country: Hong Kong
Year: 2016
Type: AR2
Pages: 205
China Power International Development Ltd
The report outlines China Power International Development Limited's financial and operational performance for the fiscal year 2016, highlighting its strategic transition toward clean energy. During the year, the company increased its clean energy attributable installed capacity to 22.01% of its total portfolio, driven by the commercial operation of several wind and photovoltaic projects, including the Datong "Top Runner" solar project. Despite facing challenges from lower coal-fired tariffs and rising coal prices, the company successfully expanded its heat supply capacity and completed ultra-low emission upgrades on thirteen coal-fired units. Additionally, the company entered the local electricity sales and distribution market through key investments in Gui'an New District and Sichuan Energy Investment.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees