Duke Energy Looks into China Possibilities

Duke Energy and China Huaneng Group recently announced that they have signed a Memorandum of Understanding to explore clean-energy (including renewable) technologies. This potential partnership includes giants from each country. Duke Energy is one of the largest electric utilities in the United States, while China Huaneng Group is the largest electric utility in China.

After the MOU was signed in Beijing, the two companies plan to start sharing information and discussing the future of clean-energy technology. One of the main focuses will be in regards to global warming.

Said Jim Rogers, the CEO of Duke Energy: “We find ourselves at a pivotal point in world history. To deal with global warming requires rapid action from all of us, and clearly China Huaneng Group and Duke Energy are playing a leadership role on this issue.”

Huang Yongda, the VP of China Huaneng Group, says that they selected Duke Energy due to their reputation of being ahead of the curve.

Said Yongda: “China Huaneng Group has been attaching great importance to emission reduction and clean energy development, and has made great achievements on that. Duke Energy is clearly at the forefront of renewable and clean-energy development in the U.S.”

With more and more attention being paid to being eco-friendly and instituting green technology, it’ll be intersting to see if an increasing number of large corporations decide to take similar steps.

Jim Rogers, Duke Energy (Image: Flickr)