Shandong Energy Group, one of the country's largest coal companies based in Shandong province, recently signed a strategic cooperation agreement with Haizhuang (HZ) Wind Power to work together in the green energy sector.

The two sides agreed to carry out in-depth cooperation in the exploitation and construction of onshore and offshore wind power resources at home and abroad, as well as the advancement of wind power and energy storage technology and equipment, as a contribution to the country's development in the green energy sector and a boost to conversion of old and new growth drivers in Shandong.

Shandong Energy Group, a state-owned coal-mining company headquartered in Jinan, capital city of Shandong province, is fully committed to business diversification. Together with its subsidiaries, the group operates in the energy, equipment manufacturing, and coal chemical industries in China.

HZ Wind Power, established in 2004, is subsidiary of China Shipbuilding Industry Corporation and a pioneer and leading player in the development of the onshore and offshore wind market in China.                                             

Representatives from the Shandong Energy Group and Haizhuang (HZ) Wind Power sign a strategic cooperation agreement to work together in the green energy sector. [Photo/zhonghongwang.com]