View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 2, 2021updated 18 Nov 2021 10:07am

Wärtsilä and China Huaneng to develop sustainable power generation

Finnish technology group Wärtsilä and a China Huaneng Group subsidiary have agreed to work together on renewable development.

By Umesh Ellichipuram

Finnish technology group Wärtsilä and a China Huaneng Group subsidiary have agreed to work together on renewable development.

China Huaneng Group provincial subsidiary Huaneng Jiangsu entered into a strategic cooperation framework agreement with Wärtsilä to work on renewable energy development in Jiangsu.

The agreement aims to develop more sustainable and flexible power generation using the internal combustion engine technology. This will enable more renewable resources integration into the Jiangsu grid.

Wärtsilä noted that the deal aligns with the country’s energy security strategy of “four revolutions and one cooperation.” This involves lessening energy consumption, establishing a diversified energy supply system, upgrades to energy technology, and accelerating energy sector development.

The strategy also aims to reinforce international cooperation to obtain energy security under open conditions.

Huaneng Jiangsu chairman Cao Qingwei said: “I appreciate Wärtsilä’s willingness to cooperate and enhance EU-China cooperation on energy.

“This will help us to innovate and take advantage of market opportunities in ancillary services, such as frequency regulation and peak shaving in Jiangsu province. Implementation of ICE technology will help China to accelerate its transition towards clean energy.”

Last year, Wärtsilä has released a new report which shows potential for G20 stimulus packages to accelerate energy transition towards renewable energy systems and economic recovery.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology