PowerChina and Three Parties Sign Virtual Power Plant and Integrated Energy Project Agreement with Guangzhou Huadu District
2026-06-07 14:25
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en.Wedoany.com Reported - Recently, the Southern Regional Headquarters/Southern Investment Company of PowerChina, PowerChina Power Investment Company, and Sinohydro Foundation Engineering Co., Ltd. signed a virtual power plant and integrated energy project cooperation agreement with the People's Government of Huadu District, Guangzhou. Chen Xiaorui, Vice President of the Company, Shi Feng, Vice President of Sinohydro Foundation Engineering Co., Ltd., and Yang Fei, Deputy District Mayor of Huadu District, signed the agreement on behalf of the three parties. Feng Tao, Vice President and Chief Accountant of the Southern Regional Headquarters/Southern Investment Company of PowerChina, witnessed the signing.

According to the agreement, the three parties will cooperate in areas such as virtual power plant and integrated energy projects, virtual power plant construction and operation services, zero-carbon industrial park integrated construction services, and green electricity market trading services. This aims to support Huadu District in becoming a key gateway for an international comprehensive transportation hub, a world-class aviation hub metropolitan area, and an important bearing area for the northern growth pole of Guangzhou, thereby promoting high-quality local economic and social development.

Chen Xiaorui stated that this signing will serve as an opportunity to fully leverage the integrated professional advantages of PowerChina Power Investment Company in "investment, construction, operation, and sales." The company will provide "PowerChina solutions" for enterprises in the district in areas such as virtual power plant operation, electricity spot market, green electricity and green certificate trading, carbon asset management, and energy consumption control. It will vigorously advance the construction progress of virtual power plants and integrated energy projects in Huadu District, supporting the district in achieving its "dual carbon" goals and providing "electricity sales +" integrated energy services.

Feng Tao, on behalf of the Southern Regional Headquarters of PowerChina, expressed gratitude for the support from the Huadu District Government. He hopes that this virtual power plant cooperation agreement signing will serve as a new starting point, continuously leveraging the "planning-led" and "investment-construction-operation" integrated full industry chain advantages to act as a high-quality "urban partner" for Huadu District.

Yang Fei expressed hope that this business cooperation will serve as a new starting point, fully utilizing the professional advantages of PowerChina Power Investment Company and Northwest Electricity Sales Co., Ltd., relying on the strength of the Southern Regional Headquarters of PowerChina and the professional expertise of Sinohydro Foundation Engineering Co., Ltd. Deep cooperation in areas such as electricity trading, carbon asset management, energy consumption control, and virtual power plant operation will provide "PowerChina wisdom" and "PowerChina solutions" for the high-quality development of Huadu District.

Relevant personnel from the Group's Southern Regional Headquarters, Northwest Electricity Sales Co., Ltd., the Company's Southern Regional Company, relevant departments of the Huadu District Government, and Sinohydro Foundation Engineering Co., Ltd. participated in the meeting.

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