In the morning of May 7, Yankuang New Energy Institute (“the Institute”), jointly built by Yankuang and China University of Petroleum (UPC), started construction in Qingdao.
Mr. Li Wei, the General Manager of Yankuang Group, said that Yankuang defined the development idea of “optimizing coal，extending coal，exceeding coal”, established New Energy Business Division and launched new energy breakthrough project. Yankuang has signed strategic cooperation agreements with Qingdao municipal government and UPC respectively to carry out comprehensive strategic cooperation in scientific research project cooperation, talent introduction and training, etc. Based on the foundation of the Institute, Yankuang will make full use of its industrial advantages, capital advantages and resource advantages and cooperate with UPC to accelerate the development of UPC as a high-level research-oriented university with its petroleum discipline reaching the world-class level and all disciplines developed comprehensively.
The Institute will focus on disciplines construction of high-end coal chemicals as well as hydrogen energy, energy storage and biomass energy according to the multi-energy structure and its development trend, key links that restrict energy security and the construction of low-carbon and efficient energy system of China and demand for talent and technology of new energy industry development of Yankuang.