Digital transformation in renewable energy enterprises offers critical opportunities for China’s green orientation and sustainable growth. Based on a statistical data of Chinese A-share listed renewable energy companies, we explore the effects of digital transformation on a company’s financial performance and the mediating role of green technology innovation. The findings indicate that there is a driving effect of digital transformation on renewable energy companies’ financial performance. Our results remain valid after a series of robustness tests. Furthermore, a heterogeneous analysis indicates that enhancing digital transformation only positively affects the financial performance of state-owned firms and firms in the eastern area, and the driving effect of digital transformation is greater for large firms. In addition, green technology innovation plays a complete mediating role in digital transformation’s impact on renewable energy enterprises’ financial performance. Specifically, when a renewable energy company has digital transformation, it has better green technology innovation leading to better financial performance. Our results provide vital implications for promoting the effectiveness of digital transformation in the development of renewable energy enterprises.

This study proposes a novel fuzzy programming optimization model for tugboat scheduling, directly considering multiple berthing bases, time windows, and operational uncertainties. The uncertainties in the required number of tugboats, the earliest start time, the latest start time, the processing time, and the start and end locations of each task are directly captured in the proposed fuzzy optimization model. The objective of the presented formulation is to minimize the total cost of fuel and delays. According to the characteristics of the problem, a Grey Wolf Optimization algorithm based on random probability encoding and custom genetic operators is proposed. The proposed algorithm, LINGO, the canonical Grey Wolf Optimization algorithm, and particle swarm optimization were used to compare and analyze the results of several examples. The results validate the efficiency of the proposed algorithm against the alternative exact and metaheuristics methods. Moreover, the findings from the conducted sensitivity analysis show the applicability of the developed fuzzy programming model for different confidence interval levels.

The recycling of waste products can bring enormous economic and environmental benefits to supply chain participants. Under the government’s reward and punishment system, the manufacturing industry is facing unfolded pressure to minimize carbon emissions. However, various factors related to the design of closed-loop logistics networks are uncertain in nature, including demand, facility capacity, transportation cost per unit of product per kilometer, landfill cost, unit carbon penalty cost, and carbon reward amount. As such, this study proposes a new fuzzy programming model for closed-loop supply chain network design which directly relies on fuzzy methods based on the necessity measure. The objective of the proposed optimization model is to minimize the total cost of the network and the sum of carbon rewards and penalties when selecting facility locations and transportation routes between network nodes. Based on the characteristics of the problem, a genetic algorithm based on variant priority encoding is proposed as a solution. This new solution encoding method can make up for the shortcomings of the four traditional encoding methods (i.e., Prüfer number-based encoding, spanning tree-based encoding, forest data structure-based encoding, and priority-based encoding) to speed up the computational time of the solution algorithm. Several alternative solution approaches were considered to evaluate the proposed algorithm including the precision optimization method (CPLEX) and priority-based encoding genetic algorithm. The results of numerous experiments indicated that even for large-scale numerical examples, the proposed algorithm can create optimal and high-quality solutions within acceptable computational time. The applicability of the model was demonstrated through a sensitivity analysis which was conducted by changing the parameters of the model and providing some important management insights. When external parameters change, the solution of the model maintains a certain level of satisfaction conservatism. At the same time, the changes in the penalty cost and reward amount per unit of carbon emissions have a significant impact on the carbon penalty revenue and total cost. The results of this study are expected to provide scientific support to relevant supply chain enterprises and stakeholders.