NEW R&D | Labelec materializes its participation in the SCNET
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Labelec materializes its participation in the SCNET
https://rd-new.com/2015/06/24/labelec-concludes-its-participation-in-the-spcnet/
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EDP Labelec materializes an equity stake in the Sino-Portuguese Centre for New Energy Technologies (Shanghai) Co., Ltd. – SCNET. This is a second step in the strategic joint venture dedicated to research and development – R&D in the energy sector, between EDP and CTG. After...
NEW R&D

Labelec materializes its participation in the SCNET
24 June 2015

EDP Labelec materializes an equity stake in the Sino-Portuguese Centre for New Energy Technologies (Shanghai) Co., Ltd. – SCNET.

This is a second step in the strategic joint venture dedicated to research and development – R&D in the energy sector, between EDP and CTG.

After the creation of the NEW R&D – Centre for New Energy Technologies based in Lisbon on October 2014, Labelec materializes an ownership stake of 40% of the Shanghai Centre, where CTG through Shanghai Investigation Design and Research Institute – SIDDR – has an ownership stake of 60%.

This joint initiative between EDP and CTG is focused on R&D priority areas for both companies:

In addition to internal funding, the Lisbon Centre mainly focuses on European and Portuguese R&D funds and the Shanghai Centre will be leveraged through financing mechanisms for R&D in China.

 


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