Tianqing Introduction

Beijing Tianqing Power International CDM Consulting Co., Ltd (hereinafter referred to as Tianqing Power) is an excellent specialized consulting enterprise in China providing professional finance and consulting services regarding the cooperation between Chinese and foreign enterprises on CO2 emission reductions in carbon market.

Since its foundation in March 2005, Tianqing Power has already set up several branch offices in different provinces in China, such as Hubei, Sichuan, Shandong, Yunnan and so on.

Since its foundation, the development and application of CDM projects with which Tianqing Power actively involved itself to assist the project owners nationwide, covering a wide range of waste heat recovery in iron and steel plant, coking plant and cement plant, hydropower generation, wind power, and biomass energy as well as coal methane gas utilization etc. Presently, among the 300 or more CDM projects developed by Tianqing Power, more than 160 have been approved by the National Development and Reform Commission, accounting for 10% or more of the total approved CDM projects in China. Among the projects mentioned above, 10 CDM projects have been successfully registered at EB, about 60 CDM projects are expected to be registered in EB soon, and more than 100 CDM projects are under validation.

With rich experience in carbon market and the climate change field, having four elite teams of 20 experienced PDD developers, and a group of 6 professional experts for cooperation, Tianqing Power is highly qualified for the following services:

1. The development and compiling of PDD;
2. Seeking for international buyers with reputation and sound finance, assisting the project owners in concluding an ERPA with these buyers;
3. Assisting the project owners in acquiring approval for the proposed project from the NDRC;
4. Assisting the DOE designated by the UNFCCC to carry out the validation and verification regarding the proposed project;
5. Assisting in answering all the questions and clarifying all the comments presented by EB during the registration process of the proposed project;
6. Assisting the CERs issuance and successful trade between the international buyers and the domestic project owners.

Besides CDM projects, the development and purchase of pure VER and CDM-VER projects is another important field that Tianqing Power engage in. VER refers to the Verified Emission Reductions purchased voluntarily by enterprises from developed countries in order to improve its public image. Tianqing Power provides a whole package of services for VERs trade for the Chinese Enterprises and the international buyers under reliable and flexible faith. Up to now, Tianqing Power has successfully developed and traded VERs project such as Rongcheng Dongchudao Wind Farm and Wenshan Nameguo, Faguo Hydropower Stations. Furthermore, more than 50 CDM-VER projects and 10 pure VER projects are under development process.

 

Presently, CERs of all the ERPA signed under the efforts by Tianqing Power has exceeded 30 million tons. The main international buyers cooperated with Tianqing Power includes ENEL Trade S.P.A (Italy national electricity cooperation), RWE Power AG (the biggest power group in Germany), Edison Trade S.P.A,, Essent Energy Trading, JP Morgen, Kommunalkredit Public Consulting GMBH, Marubeni Corporation, Vitol S.A., Sojitz Corporation, Electric Power Development Co., Ltd ( J Power), Sumitomo Mitsui Banking Corporation, voestalpine AG, Green Hercules Trading Limited – A Cargill Company, and Goldman Sachs and etc.

In the past three years, with its excellent service and reliable credit, Tianqing Power has won great appraise from numerous buyers and project owners.