Duke Energy’s agreement with ENN Group, a Chinese privately-held energy company, includes the potential development of solar projects, coal-based clean energy, biofuels, natural gas, smart grid, energy efficiency, and algae.
‘China is leading the world in investing in clean energy and we can make greater progress by joining forces and working together,’ said Duke Energy CEO Jim Rogers. ‘We must move at ‘China speed’ to combat global warming.’
Under the terms of the agreement, the duo will launch a series of meetings to share information, view technology demonstrations and develop best practice models. The pair is also evaluating a partnership to develop utility-scale solar photovoltaic projects in the US.
‘ENN’s mission is to find ways to produce energy that pollutes less, conserves more and protects the environment, and we are looking forward to working together with Duke Energy to drive innovation,’ added Wang Yusuo, chairman of ENN Group. ‘We are one of China’s largest suppliers of natural gas. We also have growing subsidiaries operating around the world working on an array of renewable energy technologies and zero-emission coal-based power, carbon capture technologies and bio-energy.’
This announcement follows a similar agreement signed in August in Beijing between Duke Energy and China Huaneng Group to share technology information.
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