China Longyuan Power Group Limited is also known as Longyuan Power. It is the largest wind power producer in PRC and Asia Pacific. The company's global headquarter is located in Beijing, People's Republic of China. This company designs, builds, manages, and operates wind power plants. Moreover, China Longyuan sells the electricity in Shandong, Sichuan, Chongqing, Yunnan, Guangxi Xinjiang, and Guizhou province. As of the end of 2008, China Longyuan Power Group Limited holds 24% of China's wind power market. As of 31 December 2009, the company generated 4,842.4 MW of wind power. China Longyuan ranks fifth in the world in terms of installed wind power capacity. In 2011, the company has generated a net income of $219 million. The wind power supply business recorded a 22% increase in sales. By 2015, China Longyuan Power Group Limited plans to install 110 gigawatts of wind-power capacity in China. According to Bloomberg New Energy Finance, the country has already added 17 gigawatts of wind capacity last year.
China Longyuan Power Group Limited is a subsidiary of the state-owned China Guodian Corporation. It holds 63.68% of the existing shares. China Longyuan was founded in 1993. In December 2009, China Longyuan was listed on the Hong Kong Stock Exchange with the ticker symbol H share.
China Longyuan Power Group Limited specializes in 10 wind power technical services namely:
China Longyuan Power Group Limited has collaborated with Gamesa Corporación Tecnológica to supply wind turbines for execution of a new project in Ningxia province. The wind turbines are expected to be installed in June 2012. Moreover, China Longyuan Power Group Limited has decided to install wind farms in high-wind regions such as Inner Mongolia. Gamesa’s patented G97 has been customized to capture lower speed winds with maximize energy output. The company is gearing up to build and install 1 gigawatt of offshore wind farms by 2015 in response to the government's push for clean-energy generators.7 new projects of China Longyuan Power Group Corporation Limited namely Qinghai Liaoning Chaoyang Lishugou Wind Power Project, Golmud Solar Power Project, Tongliao Kezuohouqi Xinaili Wind Power Project, Inner Mongolia Damaoqi Mandula Wind Power Project, Hebei Zhangbei Baimiaotan Phase â ¡ Wind Power Project, Gansu Anxi Xiangyang Wind Power Project, and Gansu Yumen Daba Wind Power Project have been approved and registered by the CDM EB (supervises the Kyoto Protocols). The total installed capacity of these new projects is 317 MW. In August 2010, China Longyuan Power Group Limited acquired Nantong Hongda Heat and Power Generation Co., Ltd. In September 2010, the company merged with Jiangsu Yuantai Shipping Co., Ltd. China Longyuan holds 60% share in Buerjin Tianrun Wind Power Co., Ltd.
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