Alliance-BGI Partnership Officially Launched

On July 15, the Alliance and BGI Energy Saving Co., Ltd. (BGI) signed an agreement officially establishing BGI as a Leading Partner, the highest level of Alliance Partnership. BGI is the Alliance’s first Chinese Partner, marking a major step toward our vision of drawing financial and technical support from both the US and China.

A press conference announcing the new Partnership was held at the Beijing News Plaza Hotel. 40-50 Chinese journalists attended this event, leading to a number of Chinese-language news stories. We are honored by this coverage, including stories in People’s Daily Online and China Daily Online , and we are confident that increasing visibility in China will accelerate our pursuit of the Alliance mission.

As we mentioned in our July 16 blog post, BGI Chairman Mr. Zhu Binbin has also joined the Alliance Board of Directors. The Alliance Board already includes a wide array of pioneering energy leaders, including prominent members of the venture capital sector, Fortune 500 energy utilities, and specialized energy consulting firms. Mr. Zhu’s membership on the Board will only strengthen our network and strategic leadership, and we warmly welcome him to this already-impressive group. A detailed roster of Alliance Board members is available here.

At the press conference, Alliance President Barbara Finamore noted that BGI’s unique “energy conservation supermarket” platform will deepen Alliance connections to the Chinese energy conservation industry. BGI and the Alliance will cooperate to help ensure that the Chinese energy services industry establishes global connections and adopts internationally proven best practices.

BGI’s Alliance Partnership will have a great and far-reaching impact on the Chinese energy services industry, said BGI Chairman Zhu. “First, by working with BGI, China’s ‘energy conservation supermarket,’ the Alliance can directly engage with the Chinese energy conservation industry and supply chain, including manufacturers of energy-saving products, energy service companies, financial organizations, and others. This partnership will also allow for advancement and dissemination of US innovations in energy technology and management, while expanding opportunities for exchange and cooperation with the Chinese energy conservation industry” he said.

“Second, as the first Chinese company to enter Partnership with the Alliance, BGI can draw on the Alliance’s network of energy conservation leaders, policymakers, major energy companies, and energy services providers to advance China-US cooperation and open new market channels, while promoting innovative efficiency technologies, practices, and financial mechanisms in China. BGI’s Alliance Partnership will thereby create value in the Chinese energy conservation and emissions reduction industries.”

The Alliance and BGI are organizing a conference, tentatively scheduled for October 2011 in California, that will address energy management and the role of energy service companies in promoting China-US cooperation on energy efficiency. Please watch the Alliance blog and website for updates on this event.

Download the official release.