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Huadian to expand wind power production capacity
China Huadian New Energy Development Co Ltd will try to add another 0.822 GW of wind power production capacity this year, which would add up to a total production of 1 GW, according to a company statement published on its website today.
Huadian buys out Hebei Huarui Energy Co
Huadian Power International Corp, a unit of China's fourth-biggest power generator, said its board approved the purchase of a 100-percent stake in Hebei Huarui Energy Co from 12 Chinese individuals for 729 million yuan (US$107 million).
China Huadian signs power contract
China Huadian Engineering Co has signed a US$130 million engineering, procurement and construction contract with PT Tanjung Kasam Power to build a power plant on Indonesia's Batam island, Bisnis Indonesia reported.
Huadian posts H1 net loss of 508m yuan
Huadian Power International Corp Ltd reported a net loss of 507.64 million yuan ($74.19 million) in the first half, compared with net profit of 565.42 million a year earlier, as soaring coal costs overwhelmed a big increase in power output.
Huadian invests millions in wind
China Huadian Corp, one of the country's five leading power companies, yesterday said it would invest 485.64 million yuan to develop a wind power project in the Inner Mongolia autonomous region.
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