(09 Sep 2021, Nan Jing) Recently, the 2021 Hydrogen Energy Industry Development Forum and the 11th Global Top 500 New Energy Companies Summit was held in Taiyuan, where the “2021 Global Top 500 New Energy Companies List” was released. China Transmission ranked 65th on the list. The “Global Top 500 New Energy Companies” is a joint effort between China Energy News and its think tank, the China Energy Economics Institute, and has been publishing for 11 consecutive years since its launch in 2011. In 2020, the overall annual revenue of new energy companies reached 4.41 trillion yuan, an increase of 4.5%. In the released list, China has 214 companies on the list, ranking first.

This time in the top 500 list, wind energy industry has an eye-catching performance. The total revenue of wind energy industry enterprises exceeded 700 billion yuan to 716.1 billion yuan, an increase of 309.8 billion yuan from 406.3 billion yuan in 2020, an increase of 76.25%. The revenue share also increased by 6.63 percentage points to 16.25% from 9.62% in 2020. The wind energy industry has thus overtaken solar energy, ranking third in the industry after energy storage and diversified industries. This is due to the bright performance of the global wind energy market in 2020. According to GWEC, new wind power capacity installed globally in 2020 will reach 93GW, going up 53% from 2019, making it one of the best performing years in history. As a global expert in gearbox and transmission technology solutions, China Transmission has half a century of advanced gear manufacturing technology, and its products are widely used in wind power, rail vehicles, building materials, metallurgy, high-speed, general-purpose, mining and rubber and plastic machinery industries. Especially in the field of clean energy, low consumption and high efficiency, the company focuses on continuous innovation and is one of the fast-growing, stable quality and perfect service suppliers in the global wind power transmission equipment industry. According to the results released by the company, it will achieve full-year revenue of approximately RMB 15.3 billion in 2020, an increase of 58.1% compared to 2019.

2021 Global Top 500 New Energy Companies List (Top 100)