For many years, Aden Energies has worked with domestic and international clients to help decarbonize complex portfolios through energy infrastructure investment, delivery, and long-term operation. The business supports large industrial and commercial groups in strengthening energy reliability, improving cost stability, and advancing broader energy transition goals across their sites. Since launching a joint venture with Hongshan Capital in 2024, Aden Energies has continued to expand its ability to develop, acquire, and operate projects at scale.

In the first quarter of 2026, that steady course of business continued. Across its distributed energy portfolio, Aden Energies reached 66 MW in cumulative installed capacity, representing an estimated 71,000 MWh of annual clean electricity generation. During the quarter, 7 projects totaling around 42 MW were connected to the grid, while 4 additional large-scale industrial park projects representing more than 24 MW were newly signed or launched.

A quarter of continued execution

The Q1 results reflect continued activity across an established industrial energy platform rather than a one-off milestone. Automotive and manufacturing remained the largest segment of activity during the quarter, accounting for 73% of the portfolio, followed by new materials at 17.2%, with the remainder spread across other industrial categories.

This mix reflects the sectors where energy transition is increasingly tied to operational performance. For large portfolios, the objective is no longer limited to adding renewable capacity at a single site. It is increasingly about building the right energy infrastructure base across multiple operations: combining onsite generation, storage, and other energy technologies with investment discipline and long-term operational management to improve resilience, cost control, and decarbonisation performance over time.

Selected Q1 project milestones

Several of the quarter’s developments involved well-known international industrial names, alongside major domestic manufacturing players. Key milestones included:

• Goodyear, Dalian — Aden Energies completed the acquisition of Goodyear’s Phase I and Phase II solar projects in Dalian. With a combined capacity of 21.86 MW, the project is expected to provide 23,848 MWh of clean electricity annually.
• Henkel Loctite, Yantai — A 2.33 MW distributed energy project was successfully connected, supporting stable and cleaner power supply for local industrial operations.
• FORVIA, Xi’an — The Phase II grid connection of a 3.21 MW project further increased the renewable energy share of the facility and extended an ongoing industrial partnership.
• Cal-Comp, Suzhou and Zenner, Wuhu — Grid connections for these projects supported precision manufacturing environments where power stability and energy structure optimisation are especially important.
• MCI, Suzhou and Mingzhu Plastics, Wuhu — Additional progress during the quarter reflected the breadth of Aden Energies’ work across supply-chain and industrial manufacturing operations.
  
  

From project delivery to portfolio energy strategy

The quarter also points to a broader shift in client demand. Across the portfolio, industrial groups are increasingly looking beyond standalone energy projects toward more integrated energy strategies that can support carbon reduction, operational resilience, and long-term asset performance.

In that context, solar remains an important entry point, but it is only one part of a wider infrastructure approach. Clients are increasingly focused on how new energy assets can be planned, financed, operated, and connected into a more coherent portfolio-wide energy strategy over time. That is where the combination of infrastructure delivery, operational capability, and energy technology becomes more important than any single installation.

That direction is also visible in the new pipeline launched during Q1. New partnerships initiated during the quarter included projects with Semcorp, Prinx Chengshan, Butler, and Lear, adding further momentum across new materials, automotive, and industrial manufacturing.

Looking ahead

As Aden Energies continues to expand its distributed energy portfolio, the first quarter of 2026 offers a snapshot of a business continuing to build through regular project delivery, asset acquisition, and long-term operational management. Across domestic and international client portfolios, the focus remains consistent: helping organizations put in place the energy infrastructure, operating model, and investment framework needed to support decarbonization while improving reliability, stability, and long-term performance.