Tongwei New Energy and CNOOC Sign Long-Term Green Power Agreement

On October 17, CNOOC Power Investment Co., Ltd. (CNOOC Power Investment) and Tongwei New Energy Co., Ltd. (Tongwei New Energy) signed a long-term bilateral agreement on green power in Chengdu. This is the first time that CNOOC has signed a long-term green power agreement, marking CNOOC's "first try" in the green low-carbon transformation. In a broad sense,

long-term power purchase agreements can refer to power purchase agreements signed with various types of power sources, and in a narrow sense, they generally refer to green power purchase agreements signed with new energy enterprises such as wind power and photovoltaic power with a long time span.

In the future, the two sides will carry out in-depth cooperation in green power, green certificate trading and new energy project development and construction, promote the high-quality development of the industrial chain, and make positive contributions to the country's green and low-carbon development.