About Us

In its early stage, CPIH’s main business was to develop, construct, own, operate and manage large-scale coal-fired power plants in China. As the owner of the first 300 MW and 600 MW thermal power units in China, CPIH made important contribution to the development of electric power industry in China. Over the last two decades, through greenfield development, expansion, merger and acquisition, CPIH’s assets and installed capacity increased continuously both domestically and internationally, with asset structure and quality constantly improving. Currently, CPIH has a portfolio consisting of coal, hydro, natural gas, wind, solar, biomass, and waste-to-energy, distributed across 24 provinces, cities and autonomous regions in mainland China, in Hong Kong and Macau SARs, and also Pakistan, Vietnam, Brazil, Chile, Australia, Mexico, Kazakhstan, Germany, and other countries.

In 2004, CPIH packed its best-performing assets into China Power International Development Ltd (CPID) and listed the entity on the main board of HKSE (stoke code 2380.HK) - the first among the 5 major Gencos. CPIH made use of favorable conditions of Hong Kong capital market, gave full play to its advantages and achieved leapfrog development. In 2006, CPIH acquired 25% shares of Shanghai Electric Power, strategically associating itself with the domestically listed subsidiary of SPIC. In 2009, CPIH acquired 63% shares of Wu Ling Power, which increased the company’s hydro capacity by equity to about 20% of its total, ranking No.1 in Hong Kong-listed China IPPs in terms of clean energy ratio. In 2017, SPIC injected assets from Shandong, Anhui, Hubei, Guangdong and Guangxi branches into CPIH, significantly improving the company's equity-based clean energy ratio. By the end 2022, CPIH’s installed clean energy capacity reached 34.48 GW, accounting for over 62% of the company’s total installed capacity.

From 2002 to the end of 2022, the total assets of CPIH increased by 26 times, from 2.28bn USD to 50.2bn USD. The installed capacity increased by 10 times, from 5.08 GW to 55.44 GW. During the course of remarkable asset increase, the liability ratio of CPID, CPIH’s listed subsidiary, has been maintained at a relatively low level as compared with its HKSE-listed peers, ensuring the company’s market competitiveness and development sustainability.

In 2019, CPIH became SPIC's main platform for overseas development, focusing on market development and project investment overseas. In 2020, CPIH successfully acquired Zuma Energía, a large Mexican renewable energy company. The acquisition marks the first major direct investment by a Chinese power company in the Mexican power market. In early 2021, CPIH acquired 33% of Gás Natural Açu (GNA), an LNG-to-power project located in Port of Açu, Rio de Janeiro of Brazil. In 2022, the photovoltaic development rights acquisition project of Marangatu and Panati in Brazil with a total of 738000 kilowatts will start, becoming the largest new energy green space project outside the country of the State Power Investment Corporation; It has achieved the delivery of several wind power and photovoltaic projects in Kazakhstan, becoming the largest new energy developer in the country.

Now, CPIH's controllable installed capacity overseas has reached 6.69 GW, of which clean energy accounts for 72%. The São Simão Hydropower Station in Brazil was a shining example of Sino-Brazil capacity cooperation. GNA I and II, once completed, will form the largest LNG-to-power complex in Latin America. The Reynosa wind farm is the largest wind power project in Mexico. And the 100MW wind power project in Zhanatas, Kazakhstan, is currently the largest wind power project in Central Asia.In September 2022, it was praised by General Secretary Xi Jinping as an important achievement of Sino-Kazakhstan cooperation.

Committed to the power industry and embracing the development philosophy of “innovation, coordination, green, openness and sharing”, CPIH will make full use of its own advantages to build core competitiveness in international development and investment, and strive to become SPIC’s international platform for clean & low-carbon energy investment, integrated smart energy development, and clean energy capital operation. CPIH stands ready to join hands with all parties to bring more green energy to the world.