The French-based environmental service provider Suez Environment has signed a framework agreement with Chongqing Energy Group on establishing a joint venture company in China.

According to the agreement, the JV between Suez Environment and the Chongqing Gas Group is to realize energy savings and emission reduction; improve energy utility efficiency; and promote the use of renewable energy.

It is learned that the new company will supply cooling, heating and hot water to Danzishi central business district and Jiefangbei central business district as a benchmark energy supply program in Chongqing.

One of the world's largest environmental services companies, Suez Environment has more than 1,000 cooling-supply and heating-supply investment programs across the world.