The Guangzhou Nansha "Multiple in One" Micro-Energy Demonstration project was recently put into use. It is the first energy demonstration project to be implemented based on the Memorandum of Understanding signed between Finland's Ministry of Economic Affairs and Employment and China's National Energy Administration.

The project uses various leading technologies that enable clean energy production and more efficient use of energy.

"China's first Bedrock Thermal Energy Storage has 170 U-shaped pipes. It can store excessive heat underground, and we would able to use the heat during winter," said Li Tao, project manager of Guangzhou Power Supply Bureau, affiliated to Guangdong Power Grid, Co., Ltd.

Li told CGTN its 60 kilowatt solid oxide fuel cell "can generate both heat and electricity with high efficiency, and it can work using different types of fuel, such as natural gas, biogas and hydrogen.”

"As to the efficiency of plates, which belongs to the Solar Thermal System, is very high compared with other similar equipment. The heat generating efficiency reaches 52 percent," Li added.

The main purpose of the demonstration project is to provide replicable technical solution models to help reduce carbon emissions.

"The project is based on efficient use of clean energy. And it can generate both heat and electricity at the same time, which maximizes the efficiency of energy generation. If we extend the technology in this project to 20 percent of the medium-sized industrial parks in Guangzhou City, we estimate that it can reduce carbon emissions by 40-thousand tonnes per year," said Alex Liu, a senior adviser from Business Finland, a government organisation under the Finnish Ministry of Economic Affairs and Employment.

The MOU signed between Finland and China will set the path for a long-term collaboration in the energy sector. Marko Tiesmaki, the Commercial Counselor of the Embassy of Finland in Beijing, said Finland is willing to work with China, both because of economic benefits and the responsibility to protect the environment.

"We want to make sure Finish companies will get their share of the growing China market, that's obvious, that's the business reason. But there is also a genuine willingness to make sure we can jointly fight the climate change. As we know climate change is a very global phenomenon, it has to be fought globally,”said Tiesmaki.

Earlier this year, the candidate list for a second batch of demonstration projects under the MOU was already announced by China's National Energy Administration.