CHINT Green Energy 2024 ANNUAL REPORT
Throughout 2024, the green energy ecosphere has been a strong support for us in exploring more advantages among technologies, quality, services and cost reduction, which served as the cornerstone of our steady performance through this tough industry adjusting period. Here we have prepared our "2024 Annual Report" summarizing our achievements in this challenging year.
👉CHINT Green Energy's 5 Key Words👈
🔷Wind Power
In 2024, we started the construction of the first wind farm, which marked as the milestone of our efforts in this new realm.
🔷Global Breakthroughs
In 2024, we made breakthroughs in global markets as One-stop Green Energy Service Provider, a new role that differentiates us from competitors.
We delivered the CEF Slătioara 31.6 MWp Solar Plant, as developer, supplier to all major equipment, and EPC contractor.
We have reached the agreement with Solar Bay upon the EPC contraction for a 21MWdc solar project in Maungaturoto, which is expected to commission in 2025 July.
Our local team in Türkiye delivered a 6MWp ground-mounted solar project for Aytaç Gıda, a renowned food brand in the country.
We signed the EPC contract with NamPower regarding a 100MWac solar project in Rosh Pinah. The project will remarkably alleviate the energy shortage threatening the neighbor regions upon its commission.
🔷Cross-border & Win-win Practice
In 2024, we made quite a lot of new friends in different realms, and reached on strategic cooperations with powerful partners to boost the green energy even further.
We have signed a Financial and Strategic Cooperation Agreement with Türkiye Sınai Kalkınma Bankası regarding the financial modeling and electricity price forecast for projects of CHINT's ESCO business model, which grants us more confidence in carrying out more solar projects in Türkiye.
We have consolidated a strong strategic partnership with PVH of the Gransolar Group for the global markets by exchanging the resources and equipment production capabilities.
A Pilot project of Solar Power EV Charging & Swap Station built together by NIO Power and CHINT was commissioned late 2024 in Hangzhou. CHINT contributed its technical experience of solar energy in this cutting-edge charging station for electric vehicles, which marked a big leap forward in integrating green energy with EV applications.
The 2024 OU River Summit hosted by CHINT was held in October, where experts, academicians, and entrepreneurs joined this important event. All the attendees shared and exchanged opinions and ideas regarding the future energy structure and the potentials of green energy.
CHINT and China Jiangxi International signed the Strategic Cooperation Agreement, both parties are going to strengthen their cooperation in the green energy for global markets.
🔷Industry Synergy
In 2024, CHINT made great progress in the PV+BESS applications by delivering several new projects.
This 50MW/100MWh BESS project, which is the first of its kind in Zhejiang Province, has overcome several difficulties along its period of construction with all major equipment manufactured by CHINT. Its successful try in the multi-dimensional land tenure regularization of marine area is a demonstrative business model for CHINT in the future projects.
In 2024 November, CHINT, as EPC contractor, delivered the 200MWp Solar Farm for CNNC Rich Energy. This project, featuring PV+BESS+Nuclear Power, was a perfect example of public and private company cooperation.
🔷Honors
The honors are the best proof to our efforts and contributions in this year
In 2024, CHINT became the first and only company in the world to hit all the three Tier 1 Lists by Bloomberg NEF. The PV module, PV inverter and Energy Storage products manufactured by Astronergy and CHINT Power are widely approved and accepted by global partners and organizations.
Dr. LU Chuan, Chairman of CHINT Green Energy, gets on the list of 2024 FORBES CHINA 100 MOST INFLUENTIAL CHINESE SELECTION. He is not only an icon representing the Chinese power in the global green energy industry, but also a strong leader guiding us through company's globalization.
2024 was a hard year for all the green energy industry and its practitioners. We have gone through the up and down of prices and costs. The over-supply and the energy crisis brought us endless concerns. Howerver, we do believe that the winter will go away and the spring awaits, soon enough!
Happy New Year!!