Vigorously promoting the consumption of green energy to support the achievement of the "Dual Carbon" goals—KBC Shares and Hunan Huadian Sign Strategic Cooperation Agreement on Green Power Consumption
Release date:
2022-02-22
On February 22, Pi Jun, Director of Development at the Hunan Branch of China Huadian Corporation Limited, and his delegation visited KBC Shares. During the visit, both sides engaged in an in-depth discussion and exchange on topics such as green electricity consumption and green power development, ultimately reaching a consensus on cooperation regarding green electricity absorption. Subsequently, the company signed a strategic cooperation agreement on green electricity absorption with Hunan Huadian Changyuan Investment Co., Ltd., the sole power sales enterprise affiliated with China Huadian Corporation Limited in Hunan Province. According to the agreement, starting from 2023, China Huadian Corporation’s Hunan Branch will supply at least 70% of the total annual electricity consumed by KBC Shares. To better support the green carbon economy industry and uphold the zero-carbon manufacturing philosophy, KBC Shares will vigorously develop a power supply system centered around the consumption of green energy, thereby contributing to the achievement of zero-carbon emission targets at Hunan’s advanced carbon-based industrial base. This initiative will also help realize the "14th Five-Year Plan" goals for green industrial development in Hunan Province and advance China’s overarching "Dual Carbon" objectives.
China Huadian Group Hunan Branch currently holds controlling interests in six enterprises based in Hunan, with total assets in the region amounting to approximately 15 billion yuan. The branch is deeply committed to implementing the new development philosophy, vigorously promoting green, low-carbon, and clean energy solutions, accelerating the establishment of a new type of power system dominated by renewable energy sources, and advancing the realization of carbon peak and carbon neutrality goals.
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