A coal mine in Pingdingshan, in China’s Henan province. Yankuang Energy’s diversification plan is part of a larger trend where traditional energy companies are exploring new opportunities in the new energy sector. Photo: Reuters
A coal mine in Pingdingshan, in China’s Henan province. Yankuang Energy’s diversification plan is part of a larger trend where traditional energy companies are exploring new opportunities in the new energy sector. Photo: Reuters
Business /  China Business

Hong Kong-listed unit of China’s third largest coal miner Shandong Energy Group announces wind, solar diversification plan

  • Yankuang Energy Group’s share price hits highest level in three months in intraday trading
  • Firm’s diversification plan ‘has been received favourably by the markets’, analyst says

Topic |   China’s carbon neutral goal
Martin Choi
Martin Choi

Updated: 4:00pm, 16 Dec, 2021

Why you can trust SCMP
A coal mine in Pingdingshan, in China’s Henan province. Yankuang Energy’s diversification plan is part of a larger trend where traditional energy companies are exploring new opportunities in the new energy sector. Photo: Reuters
A coal mine in Pingdingshan, in China’s Henan province. Yankuang Energy’s diversification plan is part of a larger trend where traditional energy companies are exploring new opportunities in the new energy sector. Photo: Reuters
READ FULL ARTICLE