Sineng Electrical partners with Chinese state-owned DEC International to boost renewable energy sector
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Sineng Electric announced it is forming a strategic partnership with DEC International, a Chinese state-owned power equipment manufacturer. The partnership aims to drive innovation and growth in the global renewable energy sector.
According to a press release by Sineng Electric, the partnership was formally established during a signing ceremony held on the opening day of SNEC PV Power Expo 2024 in Shanghai.
According to the agreement, the two companies will combine their strengths to enhance supply chain management. Their goal is to provide customers with safer, more reliable, and energy-efficient solutions worldwide.
The strategic alliance also seeks to deepen collaboration in marketing, business operations, financing, project construction, and other critical areas.
Chunming Yang, Vice President of Sineng Electric, said, “Today’s agreement is of great importance in our journey towards fostering innovation in the renewable energy industry. We look forward to a fruitful collaboration with DEC International, which will undoubtedly yield substantial benefits for both parties.”
Read more: China introduces new policies as renewable energy expansion faces challenges
He added that recently, Sineng Electric has refined its global strategy, marking notable achievements through expansion into various new markets.
With successful projects completed across North America, Europe, the Middle East, South America, and the Asia-Pacific region, Sineng Electric has garnered widespread acclaim from major market stakeholders.
Zhenping Sun, Deputy General Manager of DEC International, reiterated the shared vision, saying, “This partnership epitomizes our shared vision for a greener future. By combining efforts, we are poised to contribute to socio-economic development and accelerate the adoption of renewable energy solutions.”
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