Singapore Energy Group And State Grid Chongqing Integrated Energy Service Co., Ltd. Jointly Develop

On March 17, 2021, Singapore Energy Group and State Grid Chongqing Integrated Energy Service Co., Ltd. signed a strategic cooperation framework agreement (MoU) to jointly develop integrated energy projects that can provide smart and efficient energy management and help accelerate carbon neutrality. The complex operation needs of customers in Chongqing, China, assist customers in achieving green and low-carbon goals.

Mr. Huang Tianyuan, President of Singapore Energy Group, and Mr. Chen Liankai, Chairman of State Grid Chongqing Electric Power Company, witnessed the signing ceremony of the strategic cooperation framework agreement.

State Grid Chongqing Comprehensive Energy Service Co., Ltd. is mainly engaged in the promotion of energy-saving technology, energy-saving plan design, energy-saving project investment, as well as the research and development, construction and operation of energy storage, new energy, and power distribution network projects. The company aims to reduce energy supply costs, improve energy efficiency, and provide customers with a comprehensive set of clean energy solutions.

Mr. Huang Tianyuan, President of Singapore Energy Group, said: “We look forward to working with State Grid Chongqing Comprehensive Energy Service Co., Ltd. as an opportunity to use our comprehensive resources, advantages and expertise to develop sustainable energy solutions for the domestic market. Chongqing is The largest industrial and commercial city in Southwest China and one of the key cities developed by Singapore Energy Group in the Chinese market. We will deepen our cooperation and jointly provide customers with energy-efficient energy solutions to help accelerate the process of carbon neutrality."

Mr. Chen Liankai, Chairman of State Grid Chongqing Electric Power Company, said: “State Grid Chongqing Integrated Energy Service Co., Ltd. is an important platform for State Grid Chongqing Electric Power Company to promote the State Grid Co., Ltd. to build an internationally leading energy Internet enterprise with Chinese characteristics. , Is committed to serving Chongqing’s energy conservation and emission reduction, green development and a better life for the people. Singapore Energy Group has successfully implemented projects such as the Raffles City Energy System in Chongqing, demonstrating world-class energy-saving technology and service levels. I hope that the two parties will work together and work together. Give full play to their respective resource advantages, deepen the comprehensive energy service market in Chongqing, and jointly explore and realize a new path of'carbon peak and carbon neutral' at an early date."

In Chongqing, Singapore Energy Group (SP) invested, designed, constructed and operated a central cooling and heating system for Chongqing Chaotianmen Raffles City. Since it was put into operation in 2019, the group has always provided customers with high-quality and efficient services. At the same time, the Group acquired 40% of the shares of Sino-French Energy Services Co., Ltd. (SFES) in Chongqing, China in January 2021, thereby enhancing its operational capacity to provide Chongqing with a combined cooling, heating and power supply program.

Singapore Energy Group (SP) currently has three offices in China (Shanghai, Guangzhou and Chongqing), and the Chinese headquarters is in Shanghai.