JAPAN: Mitsubishi Heavy Industries Thermal Systems has formed a joint venture with China’s largest power distribution and transmission company to promote district energy conservation investment projects in China.
The new JV was established with State Grid Energy Conservation Service Co Ltd (SGECS), a subsidiary of State Grid Corporation of China (SGCC). Succinctly titled SGECS – MHIAS Energy Solution Service (Beijing) Co Ltd, the JV was established in Beijing through MHI’s local subsidiary Mitsubishi Heavy Industries Air-conditioners (Shanghai) (MHIAS).
MHIAS oversees the marketing and servicing of centrifugal chillers, air conditioners and heat pump water heaters throughout China.
The new JV will provide technical consulting services relating to energy conservation and environmental protection projects.