On May 15th, Sunwoda Energy Solution Co., Ltd., a wholly-owned subsidiary of Sunwoda, and Management Committee of Zaozhuang High-tech Zone signed the contract for "Source-Network- Load -Storage" integrated project in a ceremony in Zaozhuang, Shandong province. Mr. Chen Ping, Secretary of Zaozhuang Municipal Committee and Director of Zaozhuang Municipal People's Congress Standing Committee, Mr. Zhang Hongwei, Deputy Secretary of Zaozhuang Municipal Committee and Mayor, Mr. Shao Shiguan, Standing Committee of Zaozhuang Municipal Committee and Executive Vice Mayor of Zaozhuang Municipal Government, Mr. Wang Wei, chairman of Sunwoda, Mr. Ye Zhilin, assistant to president, Mr. Li Zhangyi, general manager of Sunwoda Energy, Mr. Li Baohua, Deputy General Manager of Sunwoda Energy, attended the ceremony.

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The two sides reached a strategic cooperation on the investment, construction and operation of "Source-Network-Load-Storage" integrated project. According to the agreement, Sunwoda Energy Solution Co., Ltd. will take the lead in building photovoltaic, energy storage, distribution grid and other projects and supporting manufacturing projects in Zaozhuang High-tech Zone and surrounding municipalities. The project is expected to have a total investment of about 10 billion yuan, through the layout of photovoltaic power generation, energy storage and intelligent energy scheduling and control system, the overall planning of power supply and distribution facilities in industry-city integration demonstration zone, and the joint creation of a new power system to comprehensively solve the energy demand of customers in industry-city integration demonstration zone for green power, and provide better integrated energy services for industrial enterprises in Zaozhuang High-tech Zone.

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After the completion of the project, it will realize the local consumption of new energy, significantly reduce the cost of electricity for enterprises in industry-city integration demonstration zone, promote the orderly replacement of traditional energy sources, and promote the coordinated and sustainable development of energy and ecology, and will make a contribution to the building of a 100 billion output value lithium industry base and "zero carbon park" in Zaozhuang High-tech Zone.

Since the release of the national "double carbon" commitment, the role of distributed integrated energy systems in the transformation of industrial and commercial energy use to high efficiency, clean, diversified and intelligent has become more and more obvious. As a leading enterprise in the new energy industry, Sunwoda actively explores the optimization of controllable resources on the regional power supply side, grid side and load side to create a green, flexible and reliable power system with high integration of source, network, load and storage to realize low-carbon and zero-carbon energy use in park.