SHANGHAI and PARIS, Sept. 16, 2019 -- TEESS, a 50/50 joint venture company, established by Total, and Envision Group, a global leading smart energy technology company, launches its commercial activity to develop on site distributed generation solar projects for B2B customers in China.
TEESS will offer its clients a unique combination of distributed solar energy systems and digital solar energy solutions running on Envision's AIoT Operating System EnOS™. This offer will allow the clients to decarbonize their energy while reducing energy costs, optimizing & digitalizing energy management, and enhancing the safety and reliability of energy utilization.
"Companies of the industrial and commercial sector account for approximately two thirds of Chinese power consumption. More and more Industrial & Commercial clients are committed to 100% renewable power. Our Joint Venture is there to help these clients to fulfill this target," said Alex Sun, CEO of TEESS. "Our shareholders, Total and Envision, have an unparalleled expertise in renewable energy generation and digital energy solutions worldwide. We aim to combine our respective strengths in digitalized and distributed solar energy sector, to become the No.1 choice of Industrial & Commercial companies in China to support and enable their renewable power transition."
Julien Pouget, Senior Vice-President Renewables at Total, added "Total is delighted to partner with Envision to enter Chinese booming distributed solar energy market. As a historic player of the solar sector, we are keen on growing our footprint in low carbon electricity in China and enable local industries to reduce their carbon footprint." Julien Pouget, Senior Vice-President Renewables at Total.