Plug and Play Launches an Energy & Sustainability Program in China

SHANGHAI, CHINA, October 4, 2018 — Plug and Play, a leading global innovation platform, launched its Energy & Sustainability program in China last month at their kickoff event in Shanghai.

The maturity of China’s economic system has become apparent for international businesses. Their government is making energy policies that enforce sustainable developments and technological advancements in order to reduce environmental impact. Plug and Play has now created an ecosystem in China for startups to help transform the energy sector to a clean, low-carbon, safe, and efficient system.

Since its launch in 2016, Plug and Play’s Energy & Sustainability program has run three batches in its Silicon Valley headquarters. The program also invests in variety of startups and connects them with corporations such as Cepsa, DCP Midstream, Dominion Energy, EnerjiSA, Linde Industrial Gases, Osaka Gas, Pacific Gas and Electric Company, Siemens Power and Gas, Tokyo Gas, and Uniper.

Wade Bitaraf, the Founder and Global Director of Plug and Play Energy & Sustainability said, “It takes a strong global ecosystem of large corporations and forward-thinking governments to accelerate the digitalization of the energy sector. We are excited to join our partners in their efforts to digitally transformation their businesses in China and around the world.”

Guests who attended the kickoff event in China included representatives from the State Grid Corporation of China, Bangchak Petroleum Corp., Goldwind, Trina Solar, Panasonic, Energy Internet Research Institute at Tsinghua University, Fosun International Limited, Tianhua Group, Zhejiang Energy, Shell, CNOOC, Procter & Gamble, Renault, Nissan, Mitsubishi Alliance, and more.

Nina Baron, Senior Manager of Panasonic Ventures said, “Our mission at Panasonic is to create a better life and a better world that is not only more connected, but also more sustainable. Therefore, focusing on innovation in the energy sector is critical for us.”

Jieping Xu, CEO of Plug and Play China, said, “We want to build the world’s top energy innovation ecosystem in China because we believe that the energy industry will undergo tremendous changes in the next decade. We are eager to participate further in Silicon Valley, China, Berlin, and the rest of the world.”

Plug and Play China will start their acceleration program in focused on energy and sustainability in early 2019. To learn more about the program, please contact Bella Zhang, Head of Plug and Play’s Energy & Sustainability Program in China, at bella@pnptc.com.