Energy and cleantech
Xizi Clean Energy西子洁能
About the company
Xizi Clean Energy makes waste-heat, biomass, circulating fluidised-bed and gas boilers, and offers engineering and energy-storage solutions. It began in 1955 as a boiler works in Hangzhou, was called Hangzhou Boiler Group until January 2022 and is part of Xizi United Holding; its headquarters are in Shangcheng District. In 2025 its revenue was 6.24 billion yuan and its net profit 437 million yuan. The company says it co-invested in China’s first large-scale solar thermal power plant with energy storage.
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