On September 24, China Huaneng Group and Spain-based Abengoa S.A. signed a Cooperation Framework Agreement in Madrid. Vice President Mr. Sun Zhiyong signed the agreement on behalf of the Company.
Under the agreement, both sides will seek cooperation in areas of solar photovoltaic, concentrating solar power (CSP), as well as conventional energy. Both parties will also strengthen high-level reciprocal visits, technical and professional exchanges at various levels. The signing of the agreement will be conducive to facilitating the Company's clean energy technology R&D, enhancing the Company’s international cooperation, and boosting the Company's international business operations.
Abengoa S.A. is one of the world's strongest companies in solar energy development, with a number of proprietary and patented technologies in solar photovoltaic and CSP, as well as rich experience in solar power project development, construction, and operation.