Recon Technology’s subsidiary, Recon Hengda Technology will be entering into a strategic partnership with Changxia Digital Energy Technology, an affiliate of China Three Gorges Corporation (CTG), a prominent clean energy group focused on large-scale hydropower development and operation. This collaboration cements Recon’s dedication to forming alliances with industry leaders to foster innovation and promote sustainable development in the petroleum and petrochemical sectors.
Recon BJ and Changxia Digital Energy both recognize the vast potential in leveraging gas station resources to maximize the existing settings and scenarios of gas stations, transforming them into facilities that provide charging and other services to non-oil vehicle owners. As part of their partnership, they will implement tailored solutions based on the specific conditions of targeted gas stations, such as their location, available area, and equipment layout. These solutions may include distributed photovoltaics (PV), PV-to-electric vehicle charging, and integrated solar storage systems. The ultimate goal is to establish an intelligent energy service platform that spans regions, features wide distribution, and fosters synergy among multiple energy sources. This platform will play a crucial role in facilitating the transition towards clean and sustainable energy.
Changxia Digital Energy’s affiliation with CTG strengthens its expertise and reputation in the industry, ensuring the provision of innovative solutions to meet the evolving needs of the petroleum and petrochemical industry.
Mr. Shenping Yin, CEO of Recon, expressed his enthusiasm, stating, “We are delighted to collaborate with Changxia Digital Energy. This strategic partnership positions Recon at the forefront of the clean energy transition in the petroleum and petrochemical industry. By combining our technological expertise with Changxia Digital Energy’s strong affiliation, we are confident in our ability to drive sustainable development and make significant contributions to a greener future.”
The collaboration will focus on several key areas, including distributed/centralized PV, PV-to-electric vehicle charging, energy storage, multi-energy microgrids, hydrogen-electric integration, load aggregation, virtual power plants, and piloting electricity and carbon trading markets. By leveraging Recon’s resources within the petroleum system and Changxia Digital Energy’s expertise in new energy investment, construction, and operation, the partnership aims to create intelligent energy service platforms that seamlessly integrate oil, gas, electricity, and hydrogen.
Upon the signing of the agreement, specific joint projects between Recon BJ and Changxia Digital Energy will be determined through independent proposals and agreements. These joint ventures will be further documented in writing before commencing. Designated project managers from each party will be responsible for project formulation, implementation, and communication to ensure efficient progress and effective cooperation.