Historical Jingchu hosts online matchmaking meeting with RCEP buyers ACN Newswire

Historical Jingchu hosts online matchmaking meeting with RCEP buyers

October 9, 2022
Wuhan, China, Oct 9, 2022 - (ACN Newswire via SEAPRWire.com) - As an important session of Historical Jingchu RCEP Machinery & Intelligent Manufacturing Cloud Exhibition, nearly 200 one-on-one online matchmaking meetings focusing on the prospects of Hubei-RCEP cooperation in Machinery & Intelligent Manufacturing were successfully held on Aug. and Sep. There are more than 40 Hubei suppliers participated in the online meeting, and the products supplied cover a wide range: hardware, intelligent packaging machine, electronics, food printing machines, sewing machines, robots, lifting equipment, laser machines, cutting machines, construction machinery, etc. The products of suppliers are detailed displayed in the Hubei Foreign Trade Integrated Service Platform. Searching more at: https://hbtrade.hb-eport.cn/english/cloudLook/?id=d76a77fde69e40299ea86606a0c78d49More than 100 buyers from Thailand, Vietnam, Malaysia and other member countries of RCEP have been invited to join the online matchmaking. The business type of buyers is not only factories, manufacturers, traders, but also associations and industry parks involved. They are very interested in products made in China, especially high-tech products. Fully automatic smart coffee machine of Hubei Zhongrun High-tech Robot Technology Co., Ltd and various types of food printers of Wuhan Sino Joinsun Technology & Trade Co., Ltd. are more popular with buyers. Many buyers expressed that they are expanding their business after the Epidemic, and they also have confidence to continue to cooperate with Chinese partners. Both buyers and suppliers have in-depth trading communication, enjoy product demonstrations in cloud, and make friends & get orders online. Trade between Hubei Province and members of the RCEP saw steady growth since the trade agreement took effect at the beginning of this year. The import and export enterprises in Hubei enjoyed the preferential treatment in the past six months, with a total value of 808 million yuan.At the time of the cross-border trade boost since the RCEP came into effect, the Department of Commerce of Hubei Province hosts Historical Jingchu RCEP Machinery & Intelligent Manufacturing Cloud Exhibition to strengthen economic and trade exchanges and bring more benefits to Hubei import and export enterprises. The Cloud Exhibition is undertaken by CMEC International Exhibition Co., Ltd, which is a member of Sinomach (a major State-owned enterprise directly managed by the central government). More details can contact CMEC International Exhibition Co., Ltd. (Email: zhouxf@cmecexpo.com, M:0086-13501230925)ContactMs. Zhou Xiaofeng, CMEC International Exhibition Co.,Ltd.Email: zhouxf@cmecexpo.comWebsite: https://hbtrade.hb-eport.cn/english/indexTelephone: +8613501230925 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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MHI and Chugoku Electric Conclude Basic Agreement toward 100% Renewable Energy Usage at Mihara Machinery Works JCN Newswire

MHI and Chugoku Electric Conclude Basic Agreement toward 100% Renewable Energy Usage at Mihara Machinery Works

June 23, 2022
TOKYO, Jun 23, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and The Chugoku Electric Power Co., Inc. (Chugoku Electric), which is based in Hiroshima, today concluded a basic agreement under which all electricity consumed at MHI's Mihara Machinery Works (Mihara, Hiroshima) will be replaced with green power, etc. derived from renewable energy sources by the end of fiscal 2023 (March 31, 2024).Under the agreement, Chugoku Electric will newly install 10-megawatt (MW) class photovoltaic (PV) facilities at the Mihara Machinery Works' Wadaoki Plant, and will supply green power, etc. to MHI under a combination of onsite and offsite power purchase agreements (PPAs)(1). The environmental value created by the PV facilities at the Wadaoki Plant will be applied to achieve full decarbonization throughout the Mihara Machinery Works, including its Itozaki and Kohama plants. When completed, the scheme - which is the first of its kind undertaken by either of the two project partners - will result in a near 10,000-ton annual reduction in the Mihara Machinery Works' carbon emissions.Under the project scheme, the power generated by the PV facilities at the Wadaoki Plant will initially be used in-house at the plant, through the PPA onsite as specified. Any excess power will be supplied through the power grid to the Itozaki and Kohama plants, under an offsite PPA.Additionally, any surplus power unused by the Mihara Machinery Works' three plants will be supplied to other MHI plants. The environmental value of the power supplied to other plants will be allocated to power supplied by Chugoku Electric(2) to meet the Mihara Machinery Works' nighttime demand, etc.(3) As a result, all power used at the Mihara Machinery Works will be replaced by green power, etc. making use of the environmental value derived from the Wadaoki Plant.Going forward, MHI and Chugoku Electric will each make use of the expertise acquired under this project, and they will also pursue further collaboration in developing and proposing new solutions for achieving carbon neutrality.(1) Under an onsite PPA, the PPA contractee has PV facilities installed on its premises, factory roof, etc. and the power produced is used within the site. Under an offsite PPA, the power generated on the PPA contractee's site is distributed to facilities at the company's other site or sites and supplied by retail power providers.(2) This power is generated by facilities other than the PV facilities at the Wadaoki Plant (renewable energy power plants owned by Chugoku Electric, etc.).(3) Nighttime and corresponding demand refers to power demand during time frames when PV facilities produce no power. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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