The Chinese Longyuan Power Group Corporation, the biggest investor in wind farms in Asia, intends to expand its business in the world, with projects planned in Serbia, Poland, Kazakhstan, Canada and the USA
The company’s president, Li Enyi, stated that new project abroad were “in the early stages of development”, that they pertained to countries encompassed by the Chinese “Belt and Road” initiative and that the plan was to also invest in Serbia, Executive Newsletter reports.
– We are focused on geopolitically stable countries with a healthy regulation framework and a well established market economy – he added.
This Chinese corporation announced early this week that their 2017 profit had amounted to USD 608 million, a growth of 8.4%.
In addition to China, this company, a member of the biggest power producer in the world, the Chinese conglomerate China Energy Investments Corporation, owns wind farms in Canada and South Africa as well.
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