Kai Johan Jiang (born 1965 as ) is a Swedish-Chinese businessman and company operator with business interests in Sweden and China. In 2004, Jiang founded State Power (Dragon Power Company), a Chinese energy company active in the

sustainable energy Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs". Most definitions of sustainable energy include considerations of environmental aspects such as greenh ...

sources, mainly

biomass Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms bi ...

. He is the CEO of State Power Group. Jiang was the CEO of National Electric Vehicle Sweden AB (NEVS), formed in 2012 with the intention to acquire the main assets of

Saab Automobile AB Saab Automobile AB () is a defunct car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in 1949. In 1968 the pa ...

from the

bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...

estate. The acquisition was finalized on August 31, 2012. In July 2020 Jiang stepped down as CEO and sold his remaining shares in NEVS, which then became wholly owned by the Chinese property developer

Evergrande Group The China Evergrande Group is the second largest property developer in China by sales. It is ranked 122nd on the ''Fortune'' Global 500. It is incorporated in the Cayman Islands, a British Overseas Territory, and headquartered in the Houhai F ...

. Among Jiang's other business interests in Swedish industry is NBE Sweden AB, a company that plans to build an energy combine in

Sveg Sveg () is a locality and the seat of Härjedalen Municipality in Jämtland County, Sweden with 2,547 inhabitants in 2010. Overview Sveg is the largest urban area in Härjedalen and the fourth largest in the county of Jämtland. The Ljusnan river ...

Härjedalen Härjedalen (; no, Herjådalen or ) is a historical Provinces of Sweden, province (''landskap'') in the centre of Sweden. It borders the Norway, Norwegian county of Trøndelag as well as the provinces of Dalarna, Hälsingland, Medelpad, and Jä ...

. His plans include a 150 MW

cogeneration plant Cogeneration or combined heat and power (CHP) is the use of a heat engine or power station to generate electricity and useful heat at the same time. Cogeneration is a more efficient use of fuel or heat, because otherwise- wasted heat from elect ...

fueled by biomass and an

ethanol Ethanol (abbr. EtOH; also called ethyl alcohol, grain alcohol, drinking alcohol, or simply alcohol) is an organic compound. It is an Alcohol (chemistry), alcohol with the chemical formula . Its formula can be also written as or (an ethyl ...

plant with annual output of up to 80,000 tonnes. Jiang is an economic adviser to the government of

Shandong Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilizati ...

province of

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

. Jiang worked for

ICBC Industrial and Commercial Bank of China Limited (ICBC; ) is a Chinese multinational bank. Founded as a limited company on 1 January 1984, ICBC is a state-owned commercial bank. With capital provided by the Ministry of Finance of China, the b ...

and served as senior advisor to the

Volvo Group The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...

from 1993 to 2000. In 2008 he was awarded the prize "Emerging Entrepreneur Of The Year" by

Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...

in China.http://www.ey.com/CN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/EOY-2008-Winners

References

{{DEFAULTSORT:Jiang, Kai Johan 1965 births Living people Businesspeople from Shandong Chinese emigrants to Sweden Place of birth missing (living people) Swedish businesspeople People from Linyi