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ENGIE becomes the first enterprise of the Fortune Global 500 to bring its project to Zhenhai

On the afternoon of 18th, The French group, ENGIE declared to contribute 350 billion RMB to buying 25% of the stock shares of Unisun. It is the first foreign enterprise in Fortune Global 500 firms that has ever invested in Ningbo. In addition, it also signed the first foreign-invested energy project with Ningbo. 

The major businesses in Unisun are the research and development, investment, construction and operation and maintenance of the photovoltaic power station with a result of 300 megawatt in nearly 3 years. when the founder, He Yisha, who was born and brought up in Zhenhai District, was inspired by the favorable investment environment, innovating atmosphere and all-rounded, one-stop services, she made up her mind to relocate the headquarters in Zhenhai District, which becomes a typical example for boosting local economy and maximizing the land use in Zhejiang Province.

The electricity, natural gas and energy service of the French group, ENGIE are world-leading. After the transaction, the newly-invested company is planning to inject over 30 billion RMB to its services and products. By 2020, it will have developed the project of photovoltaic power station over 4000 megawatt and have expanded the businesses to the fields relevant to the renewable energy resources such as stored energy and intelligence micro grid.

It is reported that Zhenhai District has completed 32.6% of the annual targeted foreign investment within the first quarter, ranking the first in the completion rate in Ningbo. It also witnesses a year-on-year increase of 9.9%, coming in the second place. It is notable that it has attracted the domestic investment of 2.3 billion RMB, including 900 million from the Zhejiang businesspeople.

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