In opposed-piston folded-cranktrain diesel engines, the relative movement rules of opposed-pistons, combustion chamber components and injector position are different from those of conventional diesel engines. The combustion and heat release characteristics of an opposed-piston folded-cranktrain diesel engine under different operating conditions were investigated. Four phases: ignition delay, premixed combustion, diffusion combustion and after combustion are used to describe the heat release process of the engine. Load changing has a small effect on premixed combustion duration while it influences diffusion combustion duration significantly. The heat release process has more significant isochoric and isobaric combustion which differs from the conventional diesel engine situation, except at high exhaust pressure and temperature, due to its two-stroke and uniflow scavenging characteristics. Meanwhile, a relatively high-quality exhaust heat energy is produced in opposed-piston folded-cranktrain diesel engines.