INHE and CUHK Signed Electric Power Big Data Strategic Cooperation Agreement

On 23rd March 2022, INHE Group, together with The Chinese University of Hong Kong(CUHK), held the (online) signing ceremony of Electric Power Big Data Cooperation and Research Project. Both parties will conduct researches and cooperation on the analysis and exploration of electric power big data and the development, evaluation and promotion of data products/services.

Zhu Jianping, the secretary of the Board of Directors and assistant to the chairman of INHE Group, Prof. Zhou Lin, the dean of Faculty of Business Administration of CUHK and Liu Wei, the president of INHE Power Research Institute, jointly signed the MOU. Besides, Prof. Hu Mantian of Department of Marketing of CUHK and Prof. Zhao Shanming of Department of Finance of CUHK, also attended the ceremony. The signing of the MOU was of great significance for INHE and CUHK to jointly build a cooperation mechanism, share scientific research resources, and make scientific and technological achievements.

In the five-year cooperation project, INHE will provide energy infrastructure and data set while CUHK will offer quantitative model. Both parties will work together to finish field experiments and explore new methods to enhance the power generation efficiency of power plants and alleviate the power energy shortage in Africa.

INHE hopes that both parties will follow the principle of “resource sharing, complementary advantages, and win-win cooperation” to give full play to their respective advantages and resources. For the electric power big data of Africa, both parties shall adhere to the spirit of seeking truth and being pragmatic, really solve the pain points of power companies and create greater value. INHE also expects that both parties will share broad prospects for cooperation in the fields of digital economy, talent science and technology and other cutting-edge innovation, and seek in-depth strategic cooperation in talent introduction, student training, scientific research, etc., to jointly promote scientific and technological innovation and economic and social development of Guangdong-Hong Kong-Macao Greater Bay Area.