Huaneng Power and Partners Form Tianjin New Energy Company
A new joint venture, Tianjin Binhai Huaneng Yangdian New Energy Company, has been established in Tianjin, with Huaneng Power International among its shareholders. Its business scope covers solar power generation technology services, energy storage technology services, wind power generation technology services, and research and development of emerging energy technologies. No registered capital or ownership percentages were disclosed.
Tianjin Binhai Huaneng Yangdian New Energy Company has recently been established in Tianjin.
The company's business scope includes solar power generation technology services, energy storage technology services, wind power generation technology services, and research and development of emerging energy technologies.
The company is jointly held by Huaneng Power International and other parties.
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 70% confidence over a medium term horizon.
Wind & Solar Power
- Direction
- positive
- Intensity
- 30
- Confidence
- 70%
- Horizon
- Medium term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 30
- Confidence
- 70%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.