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Energy agreements
December 28, 2012, Friday
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HANGZHOU government and China Huadian Corporation signed an agreement this week under which the company will invest more than 12 billion yuan (US$1.92 billion) in Hangzhou, constructing a series of energy projects during the 12th Five-Year Plan period (2011-2015).
Projects will include natural gas power generation and distributed energy sources initiatives.
Among highlights Huadian Corporation will build the National Distributed Energy Sources Technology Research and Development Center in Hangzhou. The construction project will have a total investment of 240 million yuan and will take three years.
Distributed energy sources refer to renewable initiatives, such as popularizing solar energy and wind power generating equipment among the public and building biomass energy generating facilities in neighborhoods. Shifting emphasis to these clean energy sources will help reduce pollution.
Huadian plans to build five to 10 distributed energy sources stations in Hangzhou as demonstration projects by 2015.
Projects will include natural gas power generation and distributed energy sources initiatives.
Among highlights Huadian Corporation will build the National Distributed Energy Sources Technology Research and Development Center in Hangzhou. The construction project will have a total investment of 240 million yuan and will take three years.
Distributed energy sources refer to renewable initiatives, such as popularizing solar energy and wind power generating equipment among the public and building biomass energy generating facilities in neighborhoods. Shifting emphasis to these clean energy sources will help reduce pollution.
Huadian plans to build five to 10 distributed energy sources stations in Hangzhou as demonstration projects by 2015.
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