Hengdian DMEGC Sets Up Wind Power Subsidiary Sihong Dongheng in Jiangsu
Hengdian DMEGC has established a wholly-owned subsidiary, Sihong Dongheng Wind Power Co. , Ltd. , in Sihong County, Jiangsu Province. The new company's business scope includes wind power technology services and energy storage technology services, according to corporate registration information. The move expands Hengdian DMEGC's presence in the renewable energy sector.
Hengdian DMEGC has established a new wind power company in Sihong, Jiangsu. According to corporate registration information, Sihong Dongheng Wind Power Co. , Ltd. was recently incorporated, with a business scope covering wind power technology services and energy storage technology services. Equity penetration shows the company is wholly owned by Hengdian DMEGC.
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 50/100 and 85% confidence over a medium term horizon.
Wind & Solar Power
- Direction
- positive
- Intensity
- 50
- Confidence
- 85%
- Horizon
- Medium term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 50
- Confidence
- 85%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.