Entura signs MOU with HYDROCHINA
November 18, 2014
Entura has signed a Memorandum of Understanding (MOU) with leading Chinese power and design consultants HYDROCHINA.
The MOU will see both businesses co-operating on the development of opportunities in the energy and water sectors, including hydropower and renewable energy, sustainability and environmental management and power transmission.
Entura’s Managing Director Tammy Chu said the aim was to establish a long-term strategic co-operative relationship to build on the skills and reputation of both parties with a focus on the Asia-Pacific region.
“There is immense capability and experience in the energy and water sectors in China and HYDROCHINA is a large corporation in China that provides comprehensive technical service in regards to hydropower, water and renewable energy development,” Ms Chu said.
“What Entura brings to HYDROCHINA is a utility-owner perspective, international experience and credibility across a range of renewable technologies and projects, regulatory knowledge, and niche expertise that can support HYDROCHINA with its project development or implementation activity.
“We look forward to ongoing collaboration on successful renewable energy and water management projects that will benefit both businesses.”
HYDROCHINA is a subsidiary of the Chinese Central Government enterprise POWERCHINA, which ranks 313 among the Fortune Global 500.
The MOU was signed at a ceremony in Hobart today.