On October 19, 2021, Tianneng and Huaneng (Zhejiang) Energy Development Co., Ltd. held a strategic cooperation signing ceremony, which opened the prelude to the cooperation between this two parties in the field of new energy and smart energy. Tianneng took a key step in the field of green energy storage. Zhang Tianren, party secretary of the party committee and chairman of Tianneng Holding Group, and Shen Qi, secretary of the party committee and chairman of Huaneng Zhejiang Company, attended the signing ceremony.
Chairman Zhang Tianren said that Huaneng and Tianneng are both in the energy industry. The official formation of a strategic partnership this time is in line with the general trend of industrial development and also is the result of the efforts of both sides. It is hoped that the two parties will work together to promote industrial transformation and upgrading, create a vivid model of co-construction, sharing, and mutual benefits between industries, and contribute more to Zhejiang's solid promotion of the high-quality development and construction of a common prosperity demonstration zone.
Chairman Shen Qi said that both Huaneng and Tianneng have deep business foundations in their respective fields. He hoped that the two sides would cooperate sincerely, give full play to the resources advantages, and make high-quality achievements in the fields of energy storage and photovoltaics, electricity sales and energy services, to become a model, to promote the high-quality development of the energy industry, and to better serve the society and the people.
The two parties will work together to give full play to their respective advantages in industry, technology, products, resources, policies, and talents. In accordance with the principle of "complementary advantages, resource sharing, mutual promotion, and common development", they will work together to explore, innovate and carry out in-depth cooperation in the fields of energy storage, photovoltaics, electricity sale service and integrated energy service, to realize the goal of transforming national energy management from "centralized power generation and decentralized use" to "decentralized power generation and decentralized use", and jointly build a new energy system with the new energy as its main body.
Huaneng is a Fortune 500 company, mainly engaging in the power industry. Its installed power generation capacity is the second in the world and the first in Asia. It plays an important role especially in the country's construction of a clean, low-carbon, safe, and efficient energy system, in deepening the reform of the power system, in developing a distributed energy strategy, and in optimizing the energy structure.
In recent years, Tianneng Battery Group has focused on the deployment of the smart energy industry. Under the background of the national "carbon peak and neutrality", it has formed certain projects and gained technology accumulation in terms of new energy, energy storage, comprehensive energy efficiency management, and product research and development. It aims at providing solutions for industrial and commercial energy storage, grid-side energy storage, household energy storage and so on.