Energy China in Latin America
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E-mail China Today, September 8, 2015
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Energy China's staff members came to a local primary school in South America on an International Children's Day to give presents to students. |
A World Leader
Despite China's impressive achievements in the hydropower field – construction of hydropower stations around the world, its top hydropower techniques and equipment – most Latin American countries still have a higher regard for European technological standards than Chinese ones. Zhang Jianxin, the quality control director of CGGC, said that European and American systems emphasize a holistic standard for a project, while Chinese companies lay particular stress on every product. In addition, the two types of systems follow different construction procedures.
"Little by little, we've been building the reputation of Chinese enterprises and trying to project a more credible and responsible image overseas," Zhang said.
Energy China also has several important power transmission and transformation projects in Venezuela. Last year, the engineering group contracted a project on the country's Midwest power grid, which included building two transformer substations, renovating six transformer substations and setting up transmission lines that would run more than 100 km. The power transmission project is expected to greatly contribute to the stability of the country's Midwest power grid and in turn, improve local livelihood.
"Energy China has put a premium on the Latin American market, which is among the key regions in the group's international strategy," Zhang said. "We plan to expand our presence by contracting more hydropower projects in countries such as Argentina, Chile, Peru, Columbia and Venezuela, since these countries feature quite low on the hydropower development scale yet have increasing demands for clean energy."
The level of hydropower development in Europe today stands at 47 percent, and 38 percent in North America, but that of South America is only 24 percent. The president of the International Hydropower Association, Ken Adams, holds that the world now recognizes the need to develop hydropower.
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