CATL and Pinglu Canal Group to build zero-carbon energy system for Pinglu Canal
- Pinglu Canal is 134.2 km long and is the first major canal connecting rivers and seas built since the founding of the PRC.
- The canal shortens the route to the sea by 560 km and cuts shipping time by 7–15 days.
- After its official commissioning in September, the first pilot electric ships will be equipped with CATL's marine power battery system and a jointly operated 'battery bank' leasing service.
- Partners plan wind and solar power stations, energy-storage stations and microgrids, and to deploy an intelligent zero-carbon management system to monitor carbon reductions across ships, parks, power stations and grids.
Deal scope
CATL has signed a strategic cooperation agreement with Pinglu Canal Group to jointly build a zero-carbon energy system for green shipping and the canal economic belt.
Canal impact
The Pinglu Canal is 134.2 km long and is described as the first major canal connecting rivers and seas built since the founding of the People's Republic of China. Its completion creates the shortest, most economical sea passage for the southwestern region, shortening the route to the sea by 560 km and saving 7 to 15 days of shipping time.
Electrification and services
Following its official commissioning in September, navigation management for electric ships will be implemented. The first batch of pilot electric ships will be equipped with CATL's marine power battery system. CATL and Pinglu Canal Group will jointly operate a "battery bank" battery-leasing service intended to reduce ship owners' ownership and operational costs.
Energy infrastructure and monitoring
The partners plan to build wind and solar power stations, energy-storage stations and microgrids along the canal to supply industrial parks, ports, shipping facilities and battery charging and swapping stations. They will also develop an intelligent zero-carbon management system to enable quantified monitoring of carbon reduction performance across ships, industrial parks, power stations and power grids.
Wider corridor support
CATL will continue to support the green upgrading of the New International Land-Sea Trade Corridor.
Source: CATL
