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Cooltech Power | Joint Venture Plant Celebrates Milestone of 1,000th Unit Roll-Off

2024-01-13

On January 11th, the 50/50 joint venture factory established by Cooltech Power and Rolls-Royce Power Systems successfully celebrated the roll-off of its 1,000th unit. This key moment marks a major success for the joint venture project and lays a solid foundation for future cooperation.

Rolls-Royce Power Systems, part of the Rolls-Royce Group, is a renowned engine manufacturer with a long history and a diverse product portfolio widely used in marine, rail, oil & gas, mining, infrastructure, and power generation applications. Cooltech Power and Rolls-Royce Power Systems have enjoyed a partnership spanning many years, having selected over 1,500 MTU engines for diesel generator sets by the end of May 2023.

In August 2020, building on their strong cooperative relationship and to rapidly respond to market demands while further strengthening their market position, Cooltech Power and Rolls-Royce Power Systems decided to jointly establish a factory in Shanghai. After initial setup, the joint venture plant officially commenced operations in mid-2021. In just two and a half years, the joint venture has not only achieved the production milestone of 1,000 localized MTU units, demonstrating exceptional production efficiency and technological innovation capabilities, but has also actively advanced the localization strategy for MTU generator sets.

The event celebrating the 1,000th unit roll-off attracted numerous guests, including members of the joint venture's Board of Directors and employees, teams from Cooltech Power and Rolls-Royce Power Systems, as well as representatives from key OEM customers of Rolls-Royce Power Systems in China.

Mr. Zhou Lulai, President of Cooltech Power and Chairman of the joint venture's Board of Directors, stated: "We are immensely proud to have achieved such remarkable success in the Chinese market hand-in-hand with Rolls-Royce Power Systems. The successful rollout of our 1,000th unit not only demonstrates our strength in technology and manufacturing but also highlights our deep understanding of the needs of customers in China and globally. This milestone symbolizes our long-term commitment to the Chinese market and the maturity of our partnership. Looking ahead, I am confident that we will continue to achieve even greater breakthroughs in this rapidly evolving market, making further significant contributions to the global energy industry."

Ms. Zhou Yahong, General Manager of Rolls-Royce Power Systems Greater China and Vice Chairwoman of the joint venture's Board of Directors, commented: "In our journey towards a new era, the voice of our customers always guides our direction. The joint venture has successfully set a benchmark in the Chinese market with its excellent products and short delivery times. The smooth roll-off of the 1,000th unit is not only a demonstration of our technical strength but also a practical result of our customer-centric philosophy. We are deeply proud of the outstanding performance of the joint venture team and the wise leadership of its management. This important milestone lays a solid foundation for our deeper development and long-term strategic success in the local market."

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