August 29 (Renewables Now) - Italian natural gas infrastructure company Snam SpA (BIT:SRG) will be considering a renewable gas collaboration with a wholly-owned unit of State Grid Corporation of China.
Snam said on Monday it has entered into a memorandum of understanding (MoU) with State Grid International Development (SGID) to examine possibilities in China and overseas involving technologies that reduce carbon dioxide (CO2) emissions.
The two parties will look into the possibility of building biogas and biomethane facilities for renewable power production in rural areas of China. Also, they will consider partnership opportunities in the research and development (R&D) on renewable gas, sustainable mobility and joint electricity-gas projects.
In addition, the two companies will consider partnering on the maintenance and optimization of both the transportation network and natural gas storage sites in Australia and Portugal.