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Duke Energy inks clean energy technology deal with ENN Group
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Friday, 25 Sep 2009
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Reuters reported that Duke Energy Corporation has signed a clean energy technology agreement with China's ENN Group, adding to a deal it struck last month with the country's top power provider in Duke's push to cut carbon emissions.

The deal between Duke and ENN includes potential US solar projects and joint technology developments in areas such as biofuels, coal based clean energy and efficiency.

Duke, the third largest U.S. electricity company by power sales, said China led the world in clean energy investment.

Mr Jim Rogers CEO of Duke said that "We must move at China speed to combat global warming."

Mr Wang Yusuo chairman of ENN said that his group was one of China's largest natural gas suppliers and had growing subsidiaries around the world involved in renewable energy and zero emission coal based power and carbon capture technology.

China and the United States lead the world in greenhouse gas emissions.

Duke, which is also the third largest US generator of electricity from coal, agreed last month to work with utility China Huaneng Group to explore technologies for cleaner emissions by coal fired plants.

(Sourced from www.reuters.com)

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