ENN and Duke Energy Join Force to Advanced Solar Energy and Clean Energy Technologies   

ENN Group, one of the largest private energy companies in China, and Duke Energy, one of the largest electric utilities in the U.S., will join forces to develop advanced solar energy and clean energy technologies, accord to a joint statement issued by Wang Yusuo, chairman of ENN Group and Jim Rogers, chairman, president and CEO of Duke Energy at Copenhagen December 7th, 2009.
   These fields include combining advanced coal, gas and power, and bio-energy technologies with capabilities to absorb carbon dioxide.
   China and the U.S. bring extraordinary and complementary skills to commercialize low-carbon technologies to address climate change. China's 1.3 billion people and unmatched economies of scale can develop and deploy new technologies at a speed virtually impossible anywhere else in the world. As the world's largest economy, the U.S. has one of the world's most productive workforces, an unmatched higher education system and a highly reliable and efficient electricity system.
   "Each nation plans to make major investments in advanced wind, solar, biomass and smart grid infrastructure in the coming years. China and the U.S. produce 80% and 50% of their electricity from coal, respectively, and are committed to replacing older coal plants with cleaner technologies. Each country is also aggressively pursuing nuclear energy, which is the only power source that can produce electricity around the clock with no greenhouse gas emissions." They said in the joint statement.