Ningbo Energy Group Co., Ltd.

Based in China, Ningbo Energy Group Co. , Ltd. specializes in energy solutions, focusing on power generation and renewable energy projects to meet the growing energy demands of various sectors. Ningbo Energy Group Co.

, Ltd. is engaged in the production and distribution of electricity and renewable energy solutions. Founded in 1995 in Ningbo, China, the company has evolved its operations while maintaining a strong focus on energy conservation. The company completed a PIPE funding round in September 2013, raising CNY 1,199.

83 mn from notable investors including Caitong Fund Management Co. , Ltd. and Donghai Funds. The total amount raised to date is CNY 1,199.

83 mn. Ningbo Energy Group Co. , Ltd. specializes in providing comprehensive energy solutions that include power generation, renewable energy projects, and energy conservation technologies.

Their core product offerings focus on the production and distribution of electricity, with an emphasis on sustainable practices. The company is involved in the development of various energy infrastructures, aiming to address the growing demand for energy in industrial and commercial sectors. Key end-use cases for their services include supporting energy-intensive industries and providing reliable power sources for local communities. Their clientele comprises a diverse range of industries, including manufacturing, construction, and public utilities, primarily serving markets in East Asia and expanding into select regions in Southeast Asia and beyond.

Ningbo Energy Group Co. , Ltd. generated revenue of CNY 591,080,526. 50 in 2024, with an EBITDA of CNY 106,547,980.

90. The company operates on a business-to-business (B2B) model, providing tailored energy solutions to large-scale clients through structured contracts with municipalities and private enterprises for energy supply and infrastructure projects. Ningbo Energy Group Co. , Ltd.

plans to utilize the recent PIPE funding to enhance its infrastructure, focusing on the construction of the Beilun Chunxiao and Jinhua Jinxi cogeneration projects. The company aims to expand its heating service areas and reduce financial risk while working towards long-term profitability. This strategic move is expected to support growth into new markets across Southeast Asia, enhancing their service capabilities by 2025.