On October 13, 2022, Eaton Electric and Shenergy Investment (Shanghai Shenergy Investment and Development Co., Ltd.) signed a strategic cooperation agreement in Shanghai, under which the two parties will go deep into the fields of power distribution, microgrid and energy storage to build a new power system with new energy as the main body, and promote China's low-carbon transformation process in the future.
Wang Zhuyun, Director of Asia Pacific Marketing of Eaton Electric's Distribution Systems & Services Division, and Zhu Jiaqi, General Manager of Shanghai Shenergy Investment and Development Co., Ltd. and General Manager of Shanghai Shenergy New Power Energy Storage R&D Co., Ltd., signed the strategic cooperation agreement on behalf of both parties. Wu Xun, Vice President and General Manager of Eaton Electric's Asia Pacific Power Distribution System and Service Division, Sheng Jinchang, Vice President of Business Development of Eaton Electric Group Asia Pacific, Zhang Li, Business Development Manager of Eaton Electric Asia Pacific, She Shensi, Manager of Solution and Service Department of Eaton Electric's Asia Pacific Power Distribution System and Service Division, Lou Jiong, Executive Director of Shanghai Shenergy Investment and Development Co., Ltd., and Li Ran, Head of Marketing Department of Shanghai Shenergy New Power Energy Storage R&D Co., Ltd., attended and witnessed the signing ceremony.
The "dual carbon" strategic goal is leading the green and low-carbon transformation of the economy and society, especially the energy sector. Based on the common vision of sustainable development and promoting energy transition, Eaton Electric and Shenergy Investment will give full play to their respective advantages, in line with the purpose of "strong alliance and win-win cooperation", complement each other in capital, technology and products, and work closely together in many business fields such as electrical equipment, comprehensive energy services and microgrid construction, so as to explore the innovative technology potential and investment and operation model of "park + new energy storage".
At the same time, taking the plant of Eaton Cooper (Ningbo) Electric Co., Ltd. and the carbon neutrality practice projects such as the photovoltaic storage microgrid of the second phase of the construction project of Eaton Group's Heqing Park as demonstrations, Eaton Electric and Shenergy Investment will jointly connect with industrial and commercial customers in various fields, help users in parks, buildings, factories and other areas reduce the use of fossil energy such as coal, and write a green answer sheet for energy enterprises in the process of "dual carbon" strategy.
Wu Xun, vice president and general manager of Eaton Electric's Asia-Pacific Power Distribution Systems and Services Division, expressed his confidence in this cooperation in his speech. Electrification and digitalization are accelerating the global transition to renewable energy to improve the quality of life and the environment. Eaton will leverage Shenergy Investment's deep accumulation in the energy sector to tailor implementation plans for enterprise energy transition and energy storage projects, so as to achieve a full range of services from investment, construction to operation, and create more value for the society.
Lou Jiong, executive director of Shanghai Shenergy Investment and Development Co., Ltd., said that in recent years, Shenergy Investment has strengthened strategic cooperation around the integration of upstream, midstream and downstream industries, and strived to build a whole industrial chain of new energy business and a green industry and finance ecosystem with Shenergy characteristics, and actively served the overall situation of "double carbon" in the country. In order to better utilize new energy to empower the green and low-carbon development of enterprises, Shenergy Investment, based on this cooperation, will combine its excellent capabilities in project investment and operation with Eaton's technical expertise in electrical products and solutions to serve the energy management technology upgrade, energy conservation and emission reduction of enterprises across the country.
In the future, the two parties will jointly focus on high-value new energy, energy storage and charging facility projects, build core competitiveness with high-quality products and services, play a good demonstration role in green energy development, provide decarbonization solutions for high-carbon emission industries such as parks, buildings and factories, accelerate the transformation of the energy structure of enterprises, and transform production methods to balance social, economic and environmental needs and write a sustainable and beautiful future.
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(2) It should be charged once every 3-6 months after a long period of idleness.
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