Integrated Energy Service Provider
2016 - Current
Integrated Energy Company
Independent Power Producer
Involvement Power Industry
In December 2017, CR Power successfully acquired 12% equity of the Dudgeon Offshore Wind Farm in UK. It is the first overseas power project of the company.
CR Power (Guangdong) Marketing Co., Ltd. was established on November 23, 2015, marking CR Power’s formal entry into the power selling sector.
In April 2012, in order to promote the implementation of its strategy and enhance its organizational capacity, CR Power acted in line with the overall principle of "strengthening headquarters, solidifying regional companies, and refining projects" to implement "Headquarters + Business Units" matrix-style reform of management and control. This was the biggest organizational change for the company in terms of scale and impact since its inception.
On April 2, 2010, CR Power’s first million watts class unit, unit #3 of China Resources (Xuzhou) Electric Power Co., Ltd., passed the 168-hour test run in one go.
The CR GCL (Golden Concord Holdings Limited) Project was the first combined gas-steam cycle co-generation project in Beijing. Through technical innovation, it successfully realized quadruple co-generation of electricity, steam, hot water, and refrigeration in 2010, becoming a model for regionally distributed energy projects.
On July 25, 2009, the Hunan branch was established, marking the first step for CR Power in reforming its regional companies.
In June 2009, CR Power was included as a Hang Seng Index constituent stock (bluechip), being the only Chinese power enterprise to be selected and the only Chinese-owned power company to have ever been selected for inclusion into the Hang Seng Index.
In January 2008, CR Power bought out Jiangsu Tianneng Xuzhou Coal & Power Co., Ltd. and formally entered the coal sector.
On November 12, 2003, CR Power was listed on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 0836.HK), four years earlier than what was strategically anticipated.
Hunan Liyujiang Plant with 2x300MW units was CR Power first power plant. Construction commenced in November 2001, and the units were put into operation in July and September 2003 respectively, relieving the urgent shortage of electric power at that time in Guangdong.
In 2002: CR Power made three major acquisitions (Wenzhou Telluride Power Plant, Hubei Puqi Power Plant, and Guangdong Shajiao C Power Plant), and thus rapidly expanded its assets and scale, becoming a distinctive independent power producer in China.