CWPWF OTC

Concord New Energy Group Limited operates as an investment holding company specializing in electricity generation across the People's Republic of China and other international markets. The firm organizes its activities primarily into three segments: Power Generation, Intelligent Operation and Maintenance, and other miscellaneous business lines. The company provides comprehensive services spanning the entire lifecycle of renewable energy projects. This encompasses investment, engineering, procurement, construction (EPC), and the ongoing operation and maintenance of both wind and solar power facilities. Additionally, it delivers design, technical, and advisory services. Concord New Energy is also involved in the sale of solar and new energy equipment, and its expertise extends to the research, development, and deployment of power systems. Complementing these core services, the company offers equipment leasing, finance lease services, and energy internet solutions. The electricity generated from its plants is sold to external power grid operators. As of December 31, 2021, the company managed 70 grid-connected wind and solar power plants, achieving a combined installed capacity of approximately 3,708 megawatts. This total included 54 wind power facilities contributing 3,313 megawatts and 16 photovoltaic installations providing 394 megawatts. Established in 2006, the company originally operated under the name China Windpower Group Limited before rebranding to Concord New Energy Group Limited in March 2015. Its corporate headquarters are located in Admiralty, Hong Kong.