What does Chendian International Reorganization mean?

Chendian International is a joint venture between China Southern Power Grid Corporation and DEWA Company in Dubai, mainly engaged in energy management, renewable energy and new technologies. Recently, China Southern Power Grid Corporation announced that it will reorganize Chendian International to enhance its market competitiveness in the field of new energy, and form stronger cooperative relations with related enterprises at home and abroad.

At present, all countries in the world are vigorously promoting renewable energy. As an important part of State Grid Corporation, China Southern Power Grid Corporation ranks first in the world in total installed capacity of renewable energy for many years. In the international market, China Southern Power Grid Corporation is also actively promoting the intercontinental power exchange and accelerating the expansion of the global power grid. The reorganization of Chendian International will further enhance the internationalization and prestige of China Southern Power Grid Corporation, and also help to promote the pattern of China in the field of renewable energy.

China Southern Power Grid Corporation said that after the reorganization of Chendian International, the company will further strengthen its technology research and development capabilities, launch products and solutions that better meet the market demand, and make more positive contributions to the development of the global renewable energy market. At the same time, China Southern Power Grid Corporation will also cooperate with relevant enterprises in various countries to promote international intercontinental power exchange and technological innovation, and provide cleaner and more effective energy management solutions for the whole world.