On September 7, Nengcang Technology under NaaS (NASDAQ：NAAS) reached the strategic cooperation with CEEC (Shanghai) System Engineering Co., Ltd. The two sides will give full play to their respective experience and advantages in the investment and development of new energy projects, energy storage and supporting comprehensive energy solutions, and construction and operation of new energy infrastructure, so as to further integrate the upstream and downstream resources of relevant industrial chains and accelerate the integrated development of new energy and various transportation infrastructures.
Wang Chunxiang (second person from the left of the rear row), Executive President of NewLink and President of NewLink Energy Storage Group, and Chen Jiaqing (second person from the right of the rear row), Chairman and General Manager of CEEC (Shanghai) System Engineering Co., Ltd. Present at the Signing Ceremony
Wang Chunxiang, Executive President of NewLink and President of NewLink Energy Storage Group, Ma Rui, Vice President of NewLink Energy Storage Group, Chen Jiaqing, Chairman and General Manager of CEEC (Shanghai) System Engineering Co., Ltd. and Ma Xuchao, General Manager of Transportation-energy Integrated Business Department of CEEC (Shanghai) System Engineering Co., Ltd. were present at the signing ceremony.
Wang Chunxiang said that NaaS will combine its practice experience in the construction and operation of new energy infrastructures and services with CEEC's professional advantages in the construction of new power systems, source-grid-load-storage integration, and multi-energy complementation, so as to enhance the business collaboration between the two sides in new energy storage, further explore the application scenarios and the commercialization of new energy, and accelerate the construction of various new energy infrastructures for win-win development.
Chen Jiaqing believed that the integrated development of transportation infrastructures and new energy is an important channel to promote the green and low-carbon development of energy. China has built the world's largest high-speed railway network, the world's largest expressway network and world-class port groups. Those transportation infrastructures reflect great potential to carry clean energy development. Both sides hope that they would carry out extensive cooperation in the construction of green transportation infrastructures such as green roads and green ports, thus accelerating the application of new energy in transportation, and creating benchmark cases highlighting transportation-energy integration.
As China's First Public EV Charging Stock, NaaS provides industry chain service package from charging station siting consulting, software/hardware procurement, EPC, operation & maintenance, energy storage, PV, to autonomous charging robot. By March 31, 2023, NaaS' charging service network covered 55,000 charging stations and over 350 cities. In 1Q23, NaaS' charging volume ran at 1.023 billion kWh, representing 21% of the national total.
Since the beginning of 2023, NaaS has been making efforts in energy storage. Recently, Nengcang Technology, a subsidiary of NaaS, has obtained a joint procurement order from three companies for products and services including energy storage facilities and equipment, integrated distribution and storage energy management system, EMS energy management platform, intelligent site selection, supervision and commissioning for more than 380 charging stations, with a total amount of RMB 204 million.
The inspection, commissioning and power transmission in Nengcang Technology’s integrated "storage-charging-swapping" project in NIO Battery Swapping Station in Shunde, Foshan, Guangdong has been completed. The project now is under operation. Nengcang Technology has also signed orders with Shanghai Fitz Charging Station and Guangdong Shunde Automobile Transportation Co., Ltd. and reached strategic cooperation with Zhongyan (Jiaxing) Energy Conservation Co., Ltd. to enable in-depth market development on energy storage and conservation projects.
Established in January 2022, CEEC (Shanghai) System Engineering Co., Ltd. is a wholly-owned holding company of China Energy Engineering Corporation (CEEC), with a registered capital of RMB 1 billion. It focuses on building platforms for the centralized equipment procurement and system business of CEEC, the development of transportation-energy integration in port and shipping and international equipment platforms. CEEC is a super-large energy construction group approved by the State Council and directly managed by the State-owned Assets Supervision and Administration Commission of the State Council. It has been included in the Fortune Global 500 for nine consecutive years. Under the overall objective of new energy by CEEC, CEEC (Shanghai) System Engineering Co., Ltd. will actively explore methods for new energy development and application business for all industries and focus on the practice of “new energy+” as its main strategic direction.
In the future, NaaS and CEEC (Shanghai) System Engineering Co., Ltd. will join hands with each other to accelerate "carbon peaking and carbon neutrality" goals and make contributions to the improvement and governance of global warming.
