Huawei invests in digital energy |
Huawei is spending 4 billion yuan ($632.52 million) to build a new headquarters and research and development center for its digital power unit, while the Chinese telecom giant diversifies under pressure from the United States, local residents said.
According to the 21st Century Herald, Huawei Digital Energy has signed an agreement for the project with the local government of Shenzhen, where the parent company is headquartered.
She said the signing was part of a larger event in Shenzhen to celebrate the start of new construction projects in the city.
The 21st Century Herald said the Huawei project could help build a "bi-carbon" supply chain, citing China's goal of achieving carbon emissions by 2030 and carbon neutrality by 2060.
Huawei is trying to diversify its portfolio beyond its core telecoms and smartphone business, which has been hit hard by US export restrictions in recent years.
The company was registered in June 2021 and is led by He Jianhua, the current president of the parent company. The registered capital is 3 billion yuan. It is designed to meet the challenges of the era of big data, transportation, and energy consumption.
Huawei invests 4 billion yuan in digital energy projects
Huawei Digital Energy is committed to integrating digital and energy electronic technology, developing clean energy, promoting energy digitization, promoting energy revolution, and creating a better and greener future together.
The company offers solutions such as smart data centers and helps carriers and cell towers achieve environmentally friendly savings, according to the company's website.
Huawei Digital Power employs nearly 6,000 people and serves one-third of the population in more than 170 countries and regions around the world.
The company helps create new energy systems that are primarily based on renewable energy. And building a digital twin of the world of energy.
It also simplifies power generation and use. It also contributes to building green, low-carbon and smart data centers and communications networks.
It redefines the driving experience and safety for electric vehicle consumers and accelerates the electrification of transportation. It also works with partners to build low-carbon buildings and headquarters to support the transition to a low-carbon city.
In January, Huawei Digital Power signed a cooperation agreement with China Resources Power, which operates coal-fired power plants.
The agreement aims to develop clean energy projects such as big data platforms for solar panels, energy storage systems and smart power stations.