Potential offtaker

China Shenhua Energy Company Limited

www.shenhuachina.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

China Shenhua Energy Company Limited, also known as China Shenhua or Shenhua, is a Chinese state-owned mining and energy company that operates in the thermal coal sector. The company is headquartered in Beijing, China, and has operations in various provinces of China, including Inner Mongolia, Shanxi, Shaanxi, and Xinjiang.

China Shenhua is one of the largest coal mining companies in the world, producing and selling coal for power generation, chemical production, and other industrial applications. The company also operates in the power generation sector, with a total installed capacity of 66.3 GW, making it one of the largest power companies in China.

Despite being a major player in the coal industry, China Shenhua has been actively pursuing decarbonisation and renewable energy initiatives. The company has set a target to reduce its carbon emissions intensity by 20% by 2025, compared to the 2015 baseline. China Shenhua has also established a green development strategy, which includes the development of renewable energy and the promotion of energy conservation and efficiency.

In 2019, China Shenhua signed a corporate power purchase agreement (PPA) with State Grid Energy Development Co., Ltd. to purchase 5 million MWh of renewable energy over the next five years. This is the first corporate PPA signed by a Chinese state-owned enterprise, demonstrating China Shenhua's commitment to renewable energy and decarbonisation.

China Shenhua has also been investing in renewable energy projects, including wind and solar power. The company has a total installed capacity of 1.7 GW of wind power and 1.1 GW of solar power, making it one of the largest renewable energy companies in China.

In addition to renewable energy, China Shenhua has been exploring other forms of corporate energy, including energy storage and hydrogen. The company has established a joint venture with China National Nuclear Corporation to develop hydrogen energy projects, including hydrogen production, storage, and transportation.

China Shenhua's commitment to decarbonisation and renewable energy is reflected in its corporate culture and values. The company has established a green development committee, which is responsible for promoting sustainable development and environmental protection. China Shenhua has also been recognized for its environmental and social responsibility, receiving awards and certifications from various organizations, including the Global Reporting Initiative and the Carbon Disclosure Project.

In conclusion, China Shenhua Energy Company Limited is a Chinese state-owned mining and energy company that operates in the thermal coal sector. Despite being a major player in the coal industry, the company has been actively pursuing decarbonisation and renewable energy initiatives, including the signing of a corporate PPA and the development of wind and solar power projects. China Shenhua's commitment to decarbonisation and renewable energy is reflected in its corporate culture and values, and the company has been recognized for its environmental and social responsibility.

✓ Climate Action 100+ company
✓ Declared Net Zero commitment