| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
390 |
| Employees |
46,544 |
| Revenues (TTM) (Millions $) |
30,384 |
| Net Income (TTM) (Millions $) |
-1,959 |
| Cash Flow (TTM) (Millions $) |
1,969 |
| Capital Exp. (TTM) (Millions $) |
6,394 |
Business Description
Huaneng Power International Inc is a publicly traded Chinese energy corporation that primarily focuses on the development, construction, operation, and management of large-scale power plants in China. The company was established in 1994 and is headquartered in Beijing, China. It operates through its subsidiaries and affiliates, in the following segments: power generation, sale of electricity, and other business.
Huaneng Power International operates a diversified portfolio of thermal, wind, solar, and other renewable energy sources. As of 2021, the company has a total power generation capacity of over 100 GW, making it one of the largest integrated power producers in China. The company's thermal power plants have a total installed capacity of 81.133 GW, while its renewable energy plants have an installed capacity of 24.3 GW.
In addition to power generation, Huaneng Power International also engages in electricity distribution, sale of heat and electricity, coal mining, and other energy-related businesses. The company's sales of electricity reached 431.42 billion kilowatt-hours in 2020.
The company is committed to promoting sustainable development by increasing the proportion of renewable energy in its portfolio and reducing its carbon emissions. It has invested heavily in research and development for clean energy technologies such as carbon capture, usage, and storage (CCUS) and hydrogen production. Huaneng Power International also actively participates in international efforts to combat climate change and has been recognized for its sustainability efforts by various organizations and indices.
Huaneng Power International has operations in over 20 provinces in China and has expanded its presence internationally, including in Singapore, Australia, and Pakistan. The company has over 40,000 employees and is a constituent of the Hang Seng China Enterprises Index, as well as the MSCI China Index.
Company Address: HUANENG BUILDING BEIJING 0
Company Phone Number: 6322 6999 Stock Exchange / Ticker: NYSE HNP
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