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Towngas Smart Energy and ViriHub New Energy Deepen Cooperation for New Development

Recently, Mr. Jianhang Qiu , Executive Director and President of Renewable Energy Operations of Towngas Smart Energy, Mr. Jingbai Zhang, Executive Vice President and Head of the Energy and Carbon Business Department, and Mr. Jiahui Lu, Assistant Vice President, visited ViriHub New Energy for inspection and exchanges. Mr. Jijun Wang, General Manager of ViriHub New Energy, accompanied them. The two sides had in-depth exchanges on the overall trends of the industry, the current situation of cooperation, and future development plans.

It was mentioned during the exchanges that the first batch of photovoltaic cooperation assets of the two sides had been successfully implemented. This achievement has laid a solid foundation for subsequent cooperation. Both sides clearly stated that they would continue to carry out project cooperation in depth in the future, continuously expand the scale of cooperation, further tap the potential of the domestic market and business opportunities in the overseas market, and promote the cooperation in new energy business to a new level.

Towngas possesses high-quality resources in terms of market channels and operation models, while ViriHub is rich in experience in the financing field. The two sides will integrate their respective advantages to further conduct in-depth cooperation in the field of electricity marketization and increase exploration in the area of technical services. Through the complementarity of resources, both sides are expected to create a more innovative and competitive cooperation model in the complex and ever-changing electricity market, providing new ideas and examples for the development of the entire industry.

About Towngas

Towngas Energy, a core member of Hong Kong and China Gas Group and Towngas Smart Energy’s renewable brand, is a leading energy internet aggregator. With comprehensive energy, decarbonization, and digital-intelligence as cores, it offers regional energy management and services. This covers investment, construction, and operation of distributed PV, storage, charging, etc., and value-added services like energy and carbon management. Via its smart platform, it achieves “source-grid-load-storage” integration and digital upgrade, creating zero-carbon parks and factories for ESG. It has over 2,000 projects in 23 regions, 128 zero-carbon parks, and won accolades like Fortune’s “Most Admired Chinese Companies” and the “Carbon Neutrality Pioneer Demonstration Award” from the China Energy Conservation Association.