Teess, a 50/50 joint venture formed by French supermajor Total and smart-energy technology firm Envision launched development of onsite distributed generation solar projects for business-to-business customers in China, Kallanish Energy reports.
The JV will offer clients a combination of distributed solar energy systems and digital solar energy solutions running on an Envision operating system. This will allow clients to decarbonize their energy while reducing energy costs, optimizing & digitalizing energy management, and enhancing the safety and reliability of energy utilization, according to the companies.
“Companies of the industrial and commercial sector account for approximately two thirds of Chinese power consumption. More and more industrial and commercial clients are committed to 100% renewable power. Our joint venture is there to help these clients to fulfill this target,” said Alex Sun, CEO of Teess.
“Total is delighted to partner with Envision to enter Chinese booming distributed solar energy market. As a historic player of the solar sector, we are keen on growing our footprint in low carbon electricity in China and enable local industries to reduce their carbon footprint,” said Julien Pouget, senior vice president Renewables at Total.
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