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SPIC, Alibaba join forces on new energy, digitalization and carbon emission cut

July 07, 2022


Abstract : China energy giant State Power Investment Corporation Limited (SPIC) on Tuesday inked agreements with tech giant Alibaba to cooperate on new energy, digitalization and carbon dioxide emission reduction.

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This video screenshot shows the site of a launch ceremony for a wind power project, which is the first phase of a wind power base invested in by the State Power Investment Corporation Limited (SPIC) in Siziwang Banner in the city of Ulanqab, north China's Inner Mongolia Autonomous Region, Sept. 26, 2019. (Xinhua)

BEIJING, July 7 (Xinhua) -- China energy giant State Power Investment Corporation Limited (SPIC) on Tuesday inked agreements with tech giant Alibaba to cooperate on new energy, digitalization and reduction of carbon dioxide emission. 

The two sides will work together on overall solutions for the convergence of telecom, cable, and computer networks, and co-explore productivity increase through the integration of new energy and digitalization, according to the agreements.

Specifically, Alibaba will facilitate SPIC's digital transformation, digital infrastructure construction, as well as new energy development and utilization in rural areas. SPIC will support Alibaba towards carbon neutralization through carbon emission reduction in operations, value chain and environmental protection. 

The two companies will join forces in pioneering business and operation patterns such as new energy plus data centers, new energy plus new retail, new energy plus logistics, as well as new energy plus office parks. 

Cooperation would also involve digitalized energy solutions for counties such as fusing county-scale distributed PV with intelligent agriculture and rural tourism to co-contribute to rural revitalization. (Edited by Zhong Xinpei, Niu Huizhe with Xinhua Silk Road, niuhuizhe@xinhua.org)

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Keyword: Alibaba SPIC

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