30 Billion Yuan! China Energy Valley to Launch by Huaneng in Nanjing City

PVTIME – Recently, China Energy Valley (Startup Zone) has been launched in Qilin Science and Technology Innovation Park, Nanjing City, China, with a total investment of 30 billion yuan.

This is a cooperation project initiated by China Huaneng Group Co., Ltd. and the Government of Nanjing City, and is expected to connect with the existing industrial resources in Nanjing and the advantages of Huaneng Group, focusing on new energy power, energy conservation, environmental protection and relevant subjects to fulfill the city’s low-carbon strategic goals and being a model for innovation-driven and industrial transformation.

China Huaneng always regards Nanjing City, Jiangsu Province, as a strategic location and a development center for it has invested more than 120 billion yuan in Jiangsu Province, and has contributed more than 30 billion yuan in profits and taxes. The China Energy Valley will positively influence the regional economy with the international standard innovation zone, industrial ecological zone, central business zone and industrial pioneer zone. It plans to build as a 200 billion-level new energy base in the Yangtze River Delta region and to accelerate the regional economy with this new energy industry cluster.