Chongqing Water Turbine Works Co., Ltd. is operating at full capacity through 2027 with over 1 billion yuan ($140 million) in active contracts, underscoring Asia's growing leadership in renewable energy infrastructure. The Chinese mainland manufacturer now derives 70% of its business from overseas projects, supplying hydropower solutions to more than 60 countries.
Recent successes include a 60 million yuan ($8.3 million) electromechanical contract secured in Nepal last May, adding to its 700 million yuan ($97 million) operational footprint in the Himalayan nation. The company has installed equipment in 20+ Nepalese hydropower plants since 1998, cementing its position as a preferred partner for clean energy projects.
Chairman Peng Zhong attributes the global traction to decades of technical refinement: "Our early overseas ventures built on domestic hydropower expertise gained during China's infrastructure boom. Reliability remains our signature." The firm first expanded internationally in the 1970s through turnkey equipment exports, later establishing strongholds in Kazakhstan, Vietnam, and Southeast Asia.
With 7,000+ hydropower units delivered worldwide, Chongqing Water Turbine Works exemplifies China's evolving role in sustainable development – transitioning from domestic infrastructure builder to global green technology exporter.
