BP has signed a memorandum of understanding (MOU) with Chinese solar firm, JinkoPower, to provide integrated decarbonised energy solutions and services to customers in China.
It is understood the partnership will explore the development of an integrated energy solution business delivering renewable power to commercial and Industrial (C&I) customers.
The MOU was signed in Shanghai on today by Simon Yang, BP China president and bp senior vice president, regions, cities & solutions for China and Xiande Li, chairman of JinkoPower and Jinko Solar.
It was witnessed by Dev Sanyal, BP executive vice president, gas & low carbon energy, and other attending leaders of both sides.
Mr Sanyal said: “Our partnership with JinkoPower aims to leverage BP’s leading experience in energy management and digital platforms, with JinkoPower’s world-class solar capabilities, to provide customers with integrated, low carbon Energy-as-a-Service offers.”
Xiande Li, chairman of JinkoPower and Jinko Solar, added; “We are pleased to establish a long-term and close partnership with BP to jointly explore cooperation on renewable energy and develop comprehensive energy services.
“I am confident that together we will combine our resources efficiently with complementary advantages, promote the energy transition and reshape the relation between society and energy.
“This is also fully aligned with bp’s net zero ambition.”