Jiangsu Haibin Investment Group Co., Ltd., Trina Smart Energy Investment Development (Jiangsu) Co., Ltd. and Zhongmin Xinneng IOT Co., Ltd. signed a tripartite strategic cooperation agreement in Changzhou where the global headquarters of Trina Solar is located. Xu Xingxiang, the Chairman of Jiangsu Haibin Investment Group, Gao Jifan, the Chairman of Trina Solar Co., Ltd., Qi Xiaoli, the Chairman of Zhongmin Xinneng IOT Co., Ltd., Xu Yongjun, the President of Jiangsu Research Institute of Modern Low-Carbon Technology and some other people were present at the signing ceremony.
Through this strategic cooperation, the three parties will complement each other's strengths and cooperate with each other in incremental distribution network demonstration projects, integrated energy services, energy storage business, gas turbine cogeneration and energy IOT, build demonstrative energy IOT projects based on local resources and strive to become leaders in energy IOT product planning, science and technology innovation parks, energy cloud platforms and energy IOT solutions.
This cooperation agreement responds to a notice on the Guiding Opinions on Promoting the Development of Distributed Energy Microgrids recently issued by Jiangsu Development and Reform Commission. According to the notice, Jiangsu province will build up about 20 distributed energy microgrid demonstration projects, realizing about 400,000 kilowatts of new installed distributed energy capacity by 2020; build up about 50 distributed energy microgrid demonstration projects, realizing about 2 million kilowatts of new installed distributed energy by 2025.
Chairman Xu Xingxiang said that Haibin Group is a modern enterprise group with capital as the bond and industry as the basis. The Group is mainly engaged in energy equity investment business. In recent years, it has actively implemented the strategy of diversified transformation and development, and gradually realized the transformation from equity investment in electric power to the common development of four major industries: electric power, new energy, oil and gas logistics, and science and technology innovation parks. It has continuously enhanced its market competitiveness and risk resistance and improved its business performance to realize sustainable development.
Gao Jifan, the Chairman of Trina Solar Co., Ltd., said that TrinaIOT, the Trina Energy IOT brand launched by Trina Solar, is an integrated energy IOT solution of “power generation, storage, distribution, use and cloud” developed by the company. TrinaIOT links all aspects of power generation, energy storage, distribution network and power consumption terminals in the energy sector, so that energy flow, information flow, value flow and energy equipment are interconnected in the interactive and shared smart energy network, thus achieving energy interconnection and integrated management and control, and ultimately providing users with all kinds of intelligent and efficient energy services. In the new epoch of Trina 3.0, Trina Solar is committed to becoming a leader in the global energy IOT. Trina Solar will extend its business from photovoltaic products and photovoltaic power plants towards smart energy solutions through six strategies: innovation, brand, globalization, platform, intelligence and industry-finance synergy to open a new chapter of development.
According to Qi Xiaoli, the President of Zhongmin Xinneng IOT Co., Ltd., the company has three main business segments: energy management information service, IOT network and service, and IOT mall, and is committed to building a more open, collaborative and shared industrial ecosystem, and improving IOT technology R&D, industrial application, technical standards, financial services and other Internet e-commerce platforms.