China Energy sets record in clean power projects, raises investment

The first quarter of 2023 kicked off with a record in new energy projects for China Energy Investment Corp, as the company stepped up the green energy transition while ensuring domestic energy security, the company said on Friday.

China Energy Investment Corp, or China Energy, saw 1.6 million kilowatts of clean energy projects start construction and 2.02 million kilowatts put into operation during the first three months of this year, achieving its best performance in the same period in recent years, said Huang Qing, spokesman of the company.

The company further stepped up investment during the first quarter with 27.9 billion yuan ($4.08 billion), a year-on-year increase of 45.8 percent, as China's overall economic operation improves.