Ant Digital Technologies and GCL Energy Technology signed a strategic cooperation agreement to jointly develop advanced power systems, green finance, and artificial intelligence (AI) applications. The companies will focus on the advancement of sustainable energy projects in distributed solar power stations, energy storage, and integrated energy services.
Combining Strengths in Technology and Energy Development
Ant Digital Technologies will apply its blockchain expertise to energy asset securitization and management, enhancing efficiency and transparency. Meanwhile, GCL Energy Technology will leverage its industrial capabilities in new energy project development, construction, and operational management. The companies will be working together on building, acquisition, and securitization of new energy assets such as solar power stations and systems.
AI and Blockchain for Efficient and Sustainable Efficiency
An important focus area of the collaboration will be to develop AI-driven applications suited for the new energy sectors.The companies intend to construct large-scale AI models related to energy generation forecasting, optimization of energy management, and intelligent operations. By bringing these technologies together, they aim to improve the global energy industry’s intelligence and sustainability.
GCL Energy Technology is one of the leading clean energy companies, providing rich experience in developing and managing renewable energy projects. The company offers comprehensive energy services, including clean energy production, storage, virtual power plants, charging, and computing power solutions. GCL’s installed capacity has increased to 5,976.36 MW by September 30, 2024; this represents a rapid increase of 57.81% from renewable sources.
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Promoting Low-Carbon Development
Ant Digital Technologies and GCL Energy Technology have made a strong partnership by coming to an agreement to accelerate this transition to a low-carbon and sustainable economy around the world. The firms believe that their combined force will propel the development of renewable energy solutions and even further integrate blockchain and AI technologies in the energy sectors.
Zhuoqun Bian, Vice President of Ant Group and President of Blockchain Business at Ant Digital Technologies, said, “This collaboration represents a significant milestone in advancing sustainable energy solutions. We hope our blockchain and AI technologies can better support the development of the real economy, especially in the new energy sector,”
A recent milestone was when GCL Energy Technology used blockchain and Internet of Things (IoT) technologies by Ant Digital Technologies for completing its first Real-World Asset (RWA) project, thus further accelerating the green energy solutions to be deployed in a world heading towards sustainability.