The company said new energies have, for the first time in history, become the largest source of power generation in Northwest China.

"China has seen rapid development of new energies in recent years with the advancement of technologies and production of high-quality equipment. With more support from the government and the capital market in the pipeline, China is very likely to lead the world in the new energy sector and become an important force in the establishment of the framework of global standards for the international new power system," Lin said.

Last year, the International Electrotechnical Commission proposed China leads the creation of the framework of global standards of core technologies in the world's first new power system, in a bid to accelerate the low-carbon transition of the energy sector.