Based on the data of listed construction companies in the jewelry manufacturing industry in 1994 from 2014 to 2017, this article uses the generalized least squares method to analyze the relationship between green energy technology innovation, construction enterprises’ growth performance and R&D investment intensity, and explores the impact of green energy technology innovation on construction enterprises’ growth performance and analyzes the moderating effect of R&D investment intensity. The empirical results show that green energy technological innovation has a significant positive impact on construction enterprises’ growth performance. The intensity of R&D investment has a significant negative regulatory effect on the relationship between green energy technological innovation and construction enterprises’ growth performance.