China Energy Engineering Corporation

What China Energy Engineering Corporation does

China Energy Engineering Corporation (CEEC), operating under the brand Energy China, is a Chinese state-owned enterprise founded in 2014 and headquartered in Beijing, providing end-to-end energy, power, and water infrastructure services across 140+ countries. The company is organized around six business pillars: energy integration solutions, general (EPC) contracting, infrastructure investment, integrated ecosystem restoration, integrated urban development, and building materials/industrial products/equipment. CEEC derives revenue primarily through long-cycle EPC contracts and infrastructure investment rather than standardized product sales, with project-based, government-negotiated pricing across multi-year execution windows.

CEEC's technology portfolio centers on large-scale energy infrastructure rather than software or consumer products. The company operates the world's first grid-connected 300MW Compressed Air Energy Storage (CAES) station in Yingcheng, Hubei, utilizing abandoned salt mines for air storage with 1,500MW scale and ~70% conversion efficiency. It developed a self-owned hydrogen-coal co-firing burner enabling 50% green hydrogen blending and built the world's largest integrated green hydrogen-ammonia-methanol facility in Songyuan, Jilin (45,000 tons/year green hydrogen, 740,000 tons/year CO2 reduction). Other proprietary systems include UHV DC transmission (deployed in Brazil's ±800kV line), high-altitude power-generating kites, and Egypt's 1,500 MWh battery storage projects. Notable flagship projects include the 884 MW Suki Kinari Hydropower Station in Pakistan, the 2.6 GW Taweelah C combined cycle plant in the UAE with TAQA, a 166 MWp solar+BESS project in the Philippines, and a 30 MW solar+storage plant in Eritrea.

Commercially, CEEC engages through B2B and government-to-government channels, leveraging international investment forums (Tashkent, Boao), bilateral diplomatic meetings, and consortium structures with global developers and OEMs (Siemens Energy, GameChange Solar, ACWA Power, AMEA Power, Levanta/Actis, CMB.TECH). The company ranked 239th on the Fortune Global 500 in 2024 with FY2023 revenue of $57.71B (+10.6% YoY), marking 11 consecutive years on the list, and operates through wholly-owned subsidiaries including CEEC Brazil, China Gezhouba Group Mechanical & Electrical Construction, China Energy Engineering Group Hunan Power Construction, the Guangxi Electric Power Design Institute, and Shanxi Electric Power Construction. The company signaled a strategic pivot toward developer/owner roles with the November 2025 R$520M acquisition of the Coremas solar complex in Brazil, its first electricity-sector investment in that country.

Name

China Energy Engineering Corporation

Legal name

China Energy Engineering Corporation

Website

https://en.ceec.net.cn

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

China Energy Engineering Corporation (Energy China / CEEC) is a Beijing-headquartered Chinese state-owned enterprise providing end-to-end EPC contracting, infrastructure investment, and engineering services for energy, power, and water projects across more than 140 countries, with proprietary leadership in compressed air energy storage, UHV transmission, and integrated green hydrogen production.

Ownership category

akta.pro rank

Product category

Power Infrastructure Engineering

NAICS

Electric Power Generation (22111), Engineering Services (541330), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

akta.pro secondary industries

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

Keywords

• EPC power contracting
• Renewable energy infrastructure
• Ultra-high voltage transmission
• Compressed air energy storage
• Green hydrogen production

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. EPC Contracting: Engineering, Procurement, and Construction contracting for large-scale energy infrastructure projects globally. Revenue from project execution including power plants, transmission lines, renewable energy facilities.
2. Infrastructure Investment: Investment in energy infrastructure projects as developer and equity investor, including hydropower stations, power plants, and transmission systems.
3. Power Sector Acquisitions: Acquisition and operation of existing power assets, such as the Coremas solar complex in Brazil, expanding electricity sector presence.
4. Engineering and Consulting Services: Planning, design, and consulting services for energy and power infrastructure across planning, design, EPC, and investment operations.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

China Energy Engineering Corporation (CEEC) is a Chinese state-owned energy infrastructure conglomerate delivering end-to-end power-sector solutions across planning, design, engineering, procurement and construction (EPC), and infrastructure investment. It builds and finances power plants, ultra-high-voltage (UHV) transmission lines, renewable energy facilities, energy storage systems, and green hydrogen-ammonia-methanol complexes for governments, utilities, and independent power producers in 140+ countries.

Product overview

China Energy Engineering Corporation (CEEC) operates as a diversified energy and infrastructure conglomerate organized around six core business pillars: First-class Energy Integration Solutions Provider, First-class General Contractor, First-class Infrastructure Investor, First-class Integrated Ecosystem Restoration Solution Provider, First-class Integrated Urban Development Operator, and First-class Provider of Building Materials, Industrial Products and Equipment. The company offers comprehensive services spanning energy planning, design, EPC contracting, and investment operations for power, water, and infrastructure projects globally. Key products include the 300MW Compressed Air Energy Storage System (world's first grid-connected 300MW CAES station), the Songyuan Green Hydrogen-Ammonia-Methanol Integrated Project (world's largest integrated green hydrogen facility), and various solar PV with battery storage projects. CEEC serves 140+ countries worldwide and ranks in the Fortune Global 500.

Differentiator

Problem solved

Functional benefit

Products and services

• EPC General Contracting Services Full-scope engineering, procurement, and construction contracting for power plants, transmission lines, railways, airports, and other large-scale infrastructure projects, delivered directly to government utilities and international developers.
• Infrastructure Investment Services Equity investment and development of energy infrastructure assets including hydropower stations, power plants, and transmission systems, with CEEC acting as developer and co-investor alongside governments and utilities.
• Energy Integration Solutions Integrated energy system planning, design, and implementation services covering renewable energy, power grid, and energy storage for utilities, governments, and heavy industrial consumers.
• Building Materials, Industrial Products and Equipment Supply Manufacturing and supply of building materials, industrial products, mining services, and power-plant equipment and components.
• Integrated Ecosystem Restoration Solutions Environmental restoration and water management services including wastewater treatment, waterway dredging, and irrigation infrastructure projects.
• Integrated Urban Development Services Urban planning, residential development, and public infrastructure construction services delivered as a general contractor.
• 300MW Compressed Air Energy Storage (CAES) System Grid-connected compressed air energy storage system with 300MW single-machine capacity, 1,500MW energy storage scale, and approximately 70% conversion efficiency, utilizing abandoned salt mines as air storage caverns. Generates 500 million kWh annually for grid balancing.
• Songyuan Green Hydrogen-Ammonia-Methanol Integrated Facility World's largest integrated green hydrogen, ammonia, and methanol production facility in Songyuan, Jilin Province, producing 45,000 tons of green hydrogen annually from renewable electricity and enabling industrial decarbonization.
• Suki Kinari Hydropower Station (884 MW)
• Dekemhare Solar PV and Battery Storage (30 MW / 15 MW) Eritrea's largest solar PV facility and first centralized solar-plus-storage installation, comprising 30 MW solar PV paired with 15 MW/30 MWh battery storage, generating 73.89 million kWh annually.
• Barotac Solar Power and BESS Project (166 MWp / 80 MWh)
• Nefertiti and Horus Battery Energy Storage Projects (1,500 MWh)
• Guangxi Nanning 500kV Power Transmission Project
• Brazil ±800kV UHV DC Power Transmission Line
• High-Altitude Power-Generating Kite System
• Hydrogen-Coal Co-firing Burner Technology

Quantifiable outcome

• 3,200 GWh clean energy annually to 1 million+ Pakistani households from Suki Kinari Hydropower
• +6 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core, major, strategic and flagship.

• Siemens EnergycoreTechnology or Integration · 17 June 2026Siemens Energy supplies advanced gas and steam turbine technology for the 2.6 GW Taweelah C power project in Abu Dhabi. CEEC serves as EPC contractor while Siemens provides three gas turbines, two steam turbines, and five generators.
• China Energy GroupcoreTechnology or Integration · 7 June 2026China Central Television citing developments from China Energy Group on hydrogen-coal co-firing technology breakthrough achieving 50% green hydrogen blending ratio.
• AMEA PowermajorStrategic or Co-development Partner · 4 June 2026Egypt signed agreements with AMEA Power and China Energy for two battery energy storage projects totaling 1,500 MWh in Zafarana and Benban, plus battery manufacturing factory with 3,000 MWh annual capacity.
• Huawei Digital Power MyanmarstrategicStrategic or Co-development Partner · 2 June 2026Myanmar Ministry of Electricity and Energy conducted training program in collaboration with Huawei Digital Power Myanmar, Power China Kunming Engineering Corporation, and China Energy Engineering Group Hunan Institute on grid modernization.
• AkzoNobelstrategicTechnology or Integration · 26 May 2026AkzoNobel supplies high-performance corrosion protection coatings (Interbond 2340UPC and Interseal 670HS) for Songyuan Hydrogen Energy Industrial Park, world's largest integrated green hydrogen-ammonia-methanol project.
• Levanta RenewablescoreStrategic or Co-development Partner · 10 April 2026Levanta Renewables awarded EPC contract to China Energy Engineering Group for 166 MWp Barotac Solar Power and BESS project in Philippines Visayas region. Project supported by Actis backing.
• CMB.TECHmajorStrategic or Co-development Partner · 19 December 2025CMB.TECH signed strategic partnership with CEEC and Andefu to purchase green ammonia from Songyuan facility for shipping industry decarbonization, including off-take agreement and minority stake in Andefu.
• GameChange SolarcoreTechnology or Integration · 16 December 2025GameChange Solar supplying Genius Tracker 1P system for ACWA Power's Khulis solar project in Saudi Arabia, with CEEC joint venture as EPC contractor. Collaboration represents nearly 3 GW combined capacity.
• Coremas Investment FundcoreOthers · 5 November 2025CEEC Brazil acquired the Coremas solar complex from the Coremas Investment Fund for R$520 million, marking first investment in Brazil's electricity sector.
• Azerbaijan Ministry of EnergymajorStrategic or Co-development Partner · 3 November 2025Azerbaijan-China partnership with CEEC Vice President Lu Xu discussing offshore and onshore wind, solar projects, and grid development. Committed to 1,000 MW capacity by 2032 including 760 MW solar equipment supply.
• ACWA PowercoreStrategic or Co-development Partner · 13 October 2025PowerChina and Energy China signed PV and wind power contracts in Saudi Arabia exceeding US$4.2 billion with total capacity exceeding 7 GW, including projects for ACWA Power.
• Kazakhstan Government (Samruk-Kazyna Fund)flagshipStrategic or Co-development Partner · 12 September 2025CEEC General Manager Ni Zhen met with Kazakh President Tokayev, signing cooperation agreements covering renewable energy, power grid interconnection, energy storage, hydrogen energy, and green data centers.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• PowerChina: Chinese state-owned power engineering and construction conglomerate with overlapping EPC capabilities in hydropower, thermal power, transmission, and renewable energy. PowerChina is CEEC's closest domestic peer, often co-bidding on Belt & Road energy infrastructure projects with similar consortium structures.
• China State Construction Engineering Corporation (CSCEC): Largest Chinese state-owned general contractor with significant power, infrastructure, and industrial EPC exposure globally. CSCEC competes with CEEC on international energy infrastructure bids and shares the Chinese SOE/government-to-government go-to-market motion.
• Bechtel: Privately held global EPC leader with major energy infrastructure, transmission, and renewables capabilities. Bechtel is the most direct Western peer to CEEC on large government-to-government power and infrastructure contracts.
• Fluor Corporation: Global EPC contractor serving energy, mining, and infrastructure markets. Comparable to CEEC on large-scale power generation, transmission, and energy transition projects across emerging and developed geographies.
• Hyundai Engineering & Construction: Korean EPC conglomerate with significant power plant, infrastructure, and renewables exposure across the Middle East and Asia. Hyundai E&C is a direct peer on Middle East and Asian energy infrastructure EPC contracts where CEEC is active.
• Larsen & Toubro: Indian diversified EPC and engineering conglomerate with power generation, transmission, and renewables capabilities. Comparable to CEEC in scale and project mix, particularly across Middle East, Africa, and South Asia.

Broad incumbents

• Siemens Energy: Global leader in power generation equipment and energy solutions, with deep EPC and service capabilities. Siemens Energy is both a CEEC partner (gas/steam turbines for Taweelah C) and a competitor on premium international projects where Western OEM/contractor credentials are required.
• GE Vernova: Standalone GE energy business covering power generation equipment, grid solutions, wind, and nuclear. Competes with CEEC on thermal power EPC, grid infrastructure, and renewable energy projects across emerging and developed markets.
• Hitachi Energy: Global leader in power transmission and grid infrastructure (HVDC, transformers, switchgear). Directly comparable to CEEC's UHV DC transmission capability and competes on large-scale transmission projects in the Middle East, South America, and Africa.
• ABB: Global power and automation technology provider with strong transmission, distribution, and industrial electrification offerings. ABB competes with CEEC on electrical systems EPC for power plants and grid infrastructure projects worldwide.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/china-energy-engineering-group-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China Energy Engineering Corporation