On June 6, SPIC Green Energy Technology Co., Ltd. is registered and launched, which marks that the headquarters of the subsidiary of the central enterprise in environmental technology, with a registered capital of 3 billion yuan, officially settles in the North Mid-ring Technology Innovation Cluster of Hongkou District.
State Power Investment Corporation Limited (SPIC), the parent company of the enterprise, is an important super large state-owned backbone enterprise directly managed by the central government. It shoulders the important mission of guaranteeing national energy security. After reorganization, it was established by SPIC and State Nuclear Power Technology Corporation Co., Ltd. in July 2015. The business covers new industries such as the power sector, coal-power-aluminum road-port-collaboration sector, industrial finance and hydrogen energy, energy storage, green-power transportation, integrated smart energy, carbon market, and carbon trade.
SPIC has always adhered to clean and low-carbon development as the world's largest photovoltaic power generation enterprise. It ranks first in the world in terms of installed capacity of new energy, renewable energy, and clean energy. Besides, it has made three Guinness World Records for clean energy construction.
China Power is the core subsidiary and flagship listed company involved in the conventional energy business of SPIC. Its industry covers the investment, construction, and operation of power supply projects such as photovoltaic, wind power, hydropower, coal power, gas power, garbage, and environmental power generation, as well as integrated smart energy, energy storage, green power transportation, low-carbon and zero-carbon rural construction, hydrogen energy, power distribution, and sale, carbon emission trading services and other fields.
SPIC Green Energy, established in Shanghai in May this year, was officially registered in Hongkou in June. The enterprise is mainly engaged in the investment, construction, and operation management of clean energy projects and the environmental protection projects such as incineration power generation, upstream and downstream of environmental protection industry, solar power generation, wind power generation, etc. As of April 2023, the managed installed capacity of SPIC Green Energy is 955.7 MW. As a professional platform company under SPIC, SPIC Green Energy is a comprehensive operator of eco-friendly and new-energy power generation with a wide range of fields, diverse business types, and significant influence in the domestic industry.
SPIC Green Energy is currently the second-largest garbage power generation platform of the central-administrated state-owned enterprise. In the future, we will accelerate the layout and development of the upstream and downstream industrial chain of waste power generation and focus on the development direction of the technology empowerment industry, which is the main industry of environmental energy. In April this year, North Mid-ring Technology Innovation Group first negotiated on the project of SPIC. During this period, Hongkou implemented a specialist system and a full-process service, accelerated the progress of projects, and provided the escort for the landing of enterprises. In order to further enhance the confidence of the enterprise in landing, in response to the actual development of the enterprise, investment promotion, and service personnel have repeatedly visited to promote and explain industry policies for the enterprise, and worked together with relevant industrial departments to promote the project landing, which has been recognized by the project head of SPIC.
North Mid-ring Technology Innovation Group says that it will take the landing of this project as an opportunity to further optimize the business environment, leverage the functional advantages of state-owned assets, utilize and collaborate with regional resources with efficient services and professional attitude, in accordance with the requirement of booming economic development and publicizing well-known business environment, and further promote complementary advantages, information exchange, mutual benefit and the win-win situation between both sides. While achieving new leaps and bounds for each other, it will assist Hongkou in industrial upgrading and high-quality development, and accelerate the construction of the North Mid-ring Technology Innovation Cluster.