Aerial photos taken on march 19, 2019 shows solar photovoltaic panels in Hengdong County of Hengyang City, central China's Hunan Province. (Xinhua/Cao Zhengping)
BEIJING, March 24 (Xinhua) -- The Department of Commerce of central China's Hunan Province and Australian iron ore giant Fortescue Metals Group Ltd. (Fortescue) signed a memorandum of understanding (MoU) on cooperation projects of advanced green energy technology and supply chain system on Thursday in Changsha, capital of Hunan, Chinanew.com reported.
According to the MoU, the two sides will jointly promote the establishment of China-Australia clean energy industrial chain demonstrative supply bases in Hunan's Zhuzhou City and Changde City, and the establishment of a Western Australia-Hunan advanced clean energy equipment supply industrial park in Australia's Western Australia state.
Through the cooperation, Hunan hopes to attract hydrogen equipment enterprises from other provinces to come to Hunan and provide one-stop hydrogen equipment procurement and integration services to purchasers like Fortescue.
Meanwhile, the province will encourage domestic enterprises to go to Australia and join in the building of a cooperative park for the assembly, testing, and maintenance of hydrogen equipment based on market demand and orders from Fortescue, so as to promote Hunan's export of hydrogen energy equipment and better lure foreign enterprises to invest directly in the province.
It is learnt that Fortescue has included Hunan iron and steel group, Sany Heavy Energy (688349.SH), Zhuzhou CRRC Times Electric (688187.SH), Zhuzhou Times New Material Technology (600458.SH), and Hunan Red Solar New Energy Science and Technology into its first batch of supplier list. (Edited by Su Dan with Xinhua Silk Road, sudan@xinhua.org)
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