TCI New Year Magazine OfferTCI New Year Magazine Offer

Construction News

Sat April 20 2019

Related Information

EDF signs China power and heating contracts

28 Mar EDF has signed two agreements this week for low-carbon projects in China in line with a strategy to triple the size of its business outside of Europe.

The first agreement formally establishes a partnership with the China Energy Investment Corporation (CEI), aimed at the joint delivery of two offshore wind power projects. The Dongtai IV and V offshore wind farms will have a total installed capacity of 500MW and will be the EDF Group’s first offshore projects in China.

The second agreement, signed with the power utility Huadian, concerns the operation of a heating and air-conditioning network in the city of Wuhan. The network is expected to provide heating for 100,000 customers and air-conditioning for 500,000m2 of office space. The signatories will jointly examine the feasibility of using smart energy management tools already being used by the EDF Group for the heating network in the city of Sanmenxia.

The agreements were signed during an official visit to France by China’s president Xi Jinping.

EDF Group chairman and chief executive officer Jean-Bernard Lévy said: “The agreements signed today consolidate EDF’s foothold in China, a strategic country for the group’s international expansion. In China, EDF is now active in all main business segments, all of these helping the group to support China’s energy ambitions whilst reducing CO2 emissions: nuclear, renewables and energy services. As part of EDF’s CAP 2030 strategy, the Group is aiming to triple its business volume outside of Europe.”

MPU

Latest News

Click here to view more construction news »