Enel signs framework agreement with ZTE Corporation

Francesco Starace, CEO and General Manager of Enel SpA, signed a framework agreement with Mr. Shi Lirong, CEO of ZTE Corporation, a leading Chinese telecommunications equipment and systems company. This agreement will kick-start cooperation between the two groups in the areas of electric mobility, smart grids and renewable generation.

“We are pleased to announce this new agreement with ZTE Corporation, a major player in the IT sector” stated Enel CEO Francesco Starace "Enel will enjoy access to the technological know-how of ZTE, who in turn will benefit from our  wealth of expertise in renewable energy, electric mobility and smart grids. Partnerships with leading technology companies such as ZTE are central to Enel’s innovation strategy and we are looking forward to working with ZTE with a view to developing sustainable, innovative energy solutions for the benefit of the business sector and society as a whole."

Regarding electric mobility, Enel and ZTE have agreed to share information on the technological solutions developed by both companies on vehicle charging, as well as exploring integrated solutions and synergies for a possible joint commercial development. 

On smart grids, the parties have agreed to evaluate business opportunities in markets of common interest, based on Enel’s technology and solutions in the field.

In the renewable sector, Enel and ZTE will start collaborating on existing Enel projects to identify optimization opportunities to better integrate IT solutions toward improving performance of renewable power plants. 

A dedicated effort will focus on cooperation in off-grid renewable generation, including collaboration at the Ollague site in Chile. In Ollague, a village near the Bolivian border, Enel Green Power (the Enel Group renewable arm) is constructing an innovative 232 kW off-grid hybrid plant combining photovoltaic power and a mini-wind turbine generator coupled with an energy storage system. Such a collaborative effort addressing the Ollague project is aimed at exploring possible optimization and identifying further development opportunities for similar installations.