About
In hydropower
since 2003.
An independent owner and operator of small and mid-sized hydropower plants. We develop, build and run our plants with our own teams.
- Founded in Yunnan
- 2003
- Plants invested in and built
- 20+
- Cumulative capacity built
- 700+ MW
- Permanent on-site O&M staff
- 160+
- Provinces and regions in China, plus Nepal
- 4 + 1
01 — Who we are
We invest in, build and operate hydropower plants in China, and are developing two projects in Nepal.
Since 2003 we have invested in and built more than 20 small and mid-sized hydropower plants with a combined capacity of over 700 MW. Some of these plants have since been sold. Our teams cover the full life of an asset: origination and permitting, civil construction, commissioning and long-term operation.
We built or rebuilt four of our current plants. They include the 60 MW Mujiajia I on the Nujiang, which we took over with only the first kilometer of tunnel dug and completed in 2015. Our teams have built and run plants in the Altai Mountains and in the steep valleys of Yunnan and Sichuan, and we bring that mountain experience to Nepal.
How we work
02 — Principles
- /01
Long-term operator
We finance and engineer every plant for decades of operation, and our own teams run it once it is online.
- /02
In-house engineering
Our own construction and operations teams know each plant in detail, from the foundations to the turbines.
- /03
Safety and reliability
Our operations hold Grade II certification under China’s national Work Safety Standardization system.
03 — Milestones
Our story so far
2003–2019
Building in Yunnan
We built and ran our first plants on the rivers of northwest Yunnan.
- 2003
Company founded
- 2003–2019
Built or acquired 14 plants in Yunnan, 353 MW in total, later sold
- 2011
Mujiajia II joined our fleet, and we took over the unfinished Mujiajia I
- 2015
Mujiajia I online (60 MW), completing the 70.3 MW Mujiajia cascade
- 2018
Tangmanhe II online (40 MW), later named a national Green Small Hydropower demonstration plant
- 2003
2020–2026
Rebuilding and growing
We rebuilt damaged plants and added operating plants in Sichuan, Xinjiang and Hunan.
- 2022
Dongguaping rebuilt: destroyed by a debris flow in 2011, acquired in 2020, back online in October 2022
- 2023
Shiwanghe back online after a full waterway rebuild (acquired 2021)
- 2024
Heishuihe II and three Yanyuan plants joined our fleet (36 MW, Sichuan)
- 2024
Kesaiyi joined our fleet (100 MW, Xinjiang)
- 2026
Taoshui joined our fleet (69 MW, Hunan)
- 2022
2023–
Into Nepal
Two contracted hydropower projects on the Budhi Gandaki.
- 2023
Generation licenses for KHA (260 MW) and KA (130 MW)
- 2024
Take-or-pay PPAs signed with the Nepal Electricity Authority for 329.4 MW
- 2026–27
Feasibility studies due for completion (KHA Nov 2026, KA May 2027)
- 2027
EPC tender and start of construction targeted for January
- 2023
04 — Financial partners
Every plant we own is financed with long-term project loans, with every repayment made on time.
We are a strategic partner of leading Chinese financial leasing companies.