SFCE, CGN team up to develop clean-energy technology

Shunfeng International Clean Energy Limited (SFCE) and CGN European Energy signed a cooperative agreement this week, through which both companies will develop clean-energy technology to aid carbon-emission reduction efforts.

CGN is a subsidiary of the China General Nuclear Power Group (CGNP).

"Against the backdrop of changes in the global energy landscape, China General Nuclear is fully implementing the national strategy of 'Go Global,' " CGN European Energy CEO Lu Wei said. "Besides nuclear energy, we are actively involved overseas in clean energy, including mergers and acquisitions, development and construction, as well as O&M and asset management in renewable-energy projects, including wind power and solar energy.

"SFCE has advanced technologies and a rich experience in the clean energy sector, especially in PV power projects development and construction, energy storage, O&M services as well as low-carbon, energy-saving comprehensive solutions for customers," Wei said. "The cooperation is mutually beneficial, fully leveraging our capital, as well as our market and technology advantages, in the clean-energy sector. It is aimed at promoting large-scale clean-energy applications in regions such as Europe, and facilitates the rapid development of clean energy around the world."

SFCE Executive Director and CEO Eric Luo said the partnership with CGN will offer complementary offerings that will facilitate the development of the clean energy sector with exploration and clean energy technology and application promotion.

SFCE is focused on the development of low-carbon-emission generation, including photovoltaic generation.