China Coal Sets Up New Energy Unit in Qinghe
China Coal Power (Qinghe) New Energy Co. , Ltd. has been recently established, with its business scope covering emerging energy technology research and development, energy-saving management services, project management services, and energy performance contracting. The company is indirectly wholly owned by China Coal Energy Group Co.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Wind & Solar Power, with intensity 30/100 and 60% confidence over a medium term horizon.
Energy · 1.10
Wind & Solar Power
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Medium term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 20
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.