Wind and solar projects are among the assets CPID is acquiring from its state-owned parent company. Photo: Shutterstock
Wind and solar projects are among the assets CPID is acquiring from its state-owned parent company. Photo: Shutterstock

Climate Change: China Power International Development acquires US$1.12 billion in clean-energy assets, eyeing transition goals

  • The Hong Kong-listed subsidiary of state-owned State Power Investment will acquire wind, solar, biomass and waste-to-energy projects from its parent
  • By 2025, CPID aims to have clean energy account for 90 per cent of its installed onshore capacity and 70 per cent of its revenue

Wind and solar projects are among the assets CPID is acquiring from its state-owned parent company. Photo: Shutterstock
Wind and solar projects are among the assets CPID is acquiring from its state-owned parent company. Photo: Shutterstock
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