NGC and Shell Technology Cooperation Agreement

Following a technology cooperation agreement in 2019, NGC and Shell (Shanghai) Technology Ltd. (hereinafter referred to as Shell) have worked closely together in a variety of areas, including:

• Renewable energy technology R&D
• Energy utilisation and equipment intelligence management
• Power exchange and technology co-development
• Communication of the benefits of effective lubrication solutions for wind power gearboxes and power transmission systems

NGC and Shell have established a solid foundation for cooperation, with Shell providing high performance gear oil for the yaw and pitch gearboxes of NGC for over a decade. The two companies have also conducted multiple joint technical seminars and product trials which showcased the importance of effective lubrication management and how it can provide efficient solutions for wind power drives.

Mr. Gary Sun, Technical Director of NGC, indicated that NGC is steering its core direction towards renewable energy, along with energy-saving and energy efficiency technologies development. The company’s mission and vision of "Geared for a Better Future" is a perfect match for Shell's renewable energy development strategy.

Troy Chapman, Vice President, Global B2B and OEM Marketing, Shell, said that the technology cooperation with NGC is the "blossom and fruit" of years of collaboration between the two companies, and part of Shell’s strategy to deliver more and cleaner energy while lowering Total Cost of Ownership for wind farm operators.

The increasing demand for wind power investment in China provides significant business opportunities to facilitate further growth – also stimulated by the strategy of "One Belt and One Road" – the global development strategy adopted by the Chinese government involving infrastructure development and investments in the wind power industry.

NGC and Shell will continue to cooperate extensively in the field of renewable energy technology development to advocate new energy efficiency utilisation that can help the wind power industry achieve new heights when it comes to:

• Equipment manufacturing
• Aftermarket operation
• Turbine maintenance