Pacific Green enters into a framework agreement with Sinopec

The deal is to provide design, development engineering and consulting services

  
Image used for illustrative purpose. In this aerial view wind turbines stand at the recently-inaugurated Arkona offshore wind park in the Baltic Sea on June 5, 2019 off the coast of Sassnitz, Germany.

Image used for illustrative purpose. In this aerial view wind turbines stand at the recently-inaugurated Arkona offshore wind park in the Baltic Sea on June 5, 2019 off the coast of Sassnitz, Germany.

Getty Images
Pacific Green Technologies has announced that a wholly owned subsidiary of Pacific Green Technologies (Shanghai) Co Limited has signed a Framework Agreement with Sinopec Star Co, Ltd, a subsidiary of Sinopec. The deal is to provide design, development engineering and consulting services.
 
The agreement provides for Pacific Green to work alongside Sinopec Star on a portfolio of projects in the areas of Onshore and Offshore Wind Power, Photovoltaic Power and Comprehensive Energy Utilisation, as Sinopec seeks to expand its renewable energy portfolio. The Agreement is effective until December 1, 2022.
 
Scott Poulter, Pacific Green's Chief Executive commented: "The Framework Agreement covers a portfolio of exciting projects and it is a great honour to have been engaged to work alongside Sinopec Star's excellent team."
 
Scott added: "Pacific Green's technologies, particularly in the solar power, desalination and battery energy storage system (BESS) sectors, provide the perfect solution to the world's growing demand for renewables and the increasing involvement of the oil majors in renewable and sustainable energy." -- Tradearabia News Service

Copyright 2021 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Business