Against the backdrop of accelerating the global energy structure towards green and low-carbon transformation and deepening China's dual carbon strategy, the construction of Hainan Free Trade Port has ushered in a historic development opportunity. As a major national strategic deployment, Hainan is actively exploring the path of building a free trade port with Chinese characteristics, and building a clean, low-carbon, safe and efficient modern energy system has become a key foundation to support the high-quality development of the free trade port. In this macro context, the upgrading of strategic cooperation between the Hainan Provincial Government and China Huaneng has timely opened a new chapter in the coordinated promotion of energy revolution and service to the national strategy between the central and local governments.

Recently, the Hainan Provincial Government and China Huaneng signed a comprehensive and deepening strategic cooperation agreement in Haikou. This cooperation is based on the new requirements for the operation of the Hainan Free Trade Port, focusing on the strategic positioning of three zones and one center, and striving to promote the deep integration of the clean energy industry and the policy advantages of the free trade port. Before the signing ceremony, Feng Fei, Secretary of the Hainan Provincial Party Committee, Liu Xiaoming, Governor of Hainan Province, and Wen Shugang, Chairman of China Huaneng, held talks. Both sides reached important consensus on fully leveraging their respective advantages, promoting energy industry innovation, accelerating green transformation, and other issues.

According to the agreement, the cooperation between the two parties will focus on five key areas for collaborative efforts: jointly building a world-class offshore wind power industry chain ecosystem, promoting diversified development of clean energy such as nuclear power, photovoltaics, and hydrogen energy, accelerating the innovative application of new energy storage and smart energy technologies, creating a comprehensive energy service demonstration park, and deepening the layout of headquarters economy and cross-border energy business. This series of cooperation measures not only aligns with the strategic positioning of building a national ecological civilization pilot zone in Hainan, but also provides solid support for constructing a modern industrial system with Hainan characteristics.

The deepening of this strategic cooperation reflects multiple strategic significance. At the industrial level, we will promote the optimization and upgrading of Hainan's energy structure, and it is expected that the proportion of clean energy installed capacity will significantly increase by 2025; At the economic level, the construction of major projects will drive the development of industrial clusters such as high-end equipment manufacturing and modern service industry; At the innovation level, cooperation between the central and local governments will promote energy technology research and development and result transformation, injecting technological momentum into the construction of free trade ports.

It is worth noting that the cooperation plan particularly emphasizes the construction of the entire industry chain ecosystem, which means the construction of a complete industrial system from technology research and development, equipment manufacturing to operational services. China Huaneng will rely on its comprehensive advantages in the energy field to carry out institutional innovation in areas such as the offshore wind power equipment manufacturing base and new energy technology innovation center of Qiongbu Bureau. Hainan will fully leverage its policy advantages as a free trade port to carry out system innovation in cross-border energy trade, international carbon trading, and other fields. Keywords: energy news, latest reports on new energy

This signing marks a crucial step in Hainan's journey to build a clean energy island. With the implementation of the cooperation agreement, Hainan is expected to become an important demonstration base for China's offshore wind power development, a frontier for innovative applications of new energy technologies, and a test window for the opening up of the energy sector to the outside world. The cooperation between the two sides will not only provide green momentum for the construction of Hainan Free Trade Port, but also provide practical examples for the transformation and upgrading of China's energy industry and regional coordinated development.Editor/Cheng Liting