Mainland China Power Market
WaterRock Energy team have a long experience consulting on commercial, regulatory, and strategic issues on investing in renewable and gas power capacity in China, including wind, solar and small hydro power projects. We have provided detailed market entry strategy and market due-diligence studies for foreign players and successfully helped our clients to build and expand renewable investment in China in recent years.
We are the market advisor for most of the Sembcorp investment in China since 2021, including the 35% equity stake investment in SDIC’s 1.9GW of operational wind and solar assets in 2021, 45.3% equity stake investment in SPIC’s Hunan Xingling New Energy in 2022, 49% stake in about 800 MW of solar PV capacity owned by BEI Energy Development in 2023 and others. We have also provided market entry strategy studies for several international investors, such as GIC, KKR, GLP and CapitaLand Investment etc. The most recent examples include the successful completion of 4 billion RMB fund raising for GLP Capital Partners' first commingled clean energy strategy in China in 2023 and
the acquisition of 45% equity stake in a portfolio of wind assets in mainland China from Brookfield Asset Management in 2024.
We have created robust quantiative modelling tools to forecast solar and wind curtailment rates and market tariffs for medium-to-long term contracts and spot market trading.
