Tiandi Daily
The Jienist aligned newspaper of Yingdala
Yingdalan Energy Companies Create LuYing - "Green Yingdala" - Initiative, Seek Joint Venture with Lourenne
A Taiyang Energy solar farm in northern Yingdala
Two of Yingdalas most innovative and famous energy companies, Shangdian Engineering Corporation and Taiyang Energy, announced the creation of the LuYing, or Green Yingdala, Initiative to expand Yingdala's green investment, expand access to energy, increase energy security, and clean the environment. Referred to solely as LuYing, the initiative intends to invest billion in Yingdalan green energy projects and companies. Moreover, LuYing is seeking to partner with Lourenneais companies, the most well-known in Terra for green-tech innovation, to not only jump start Yingdalan investment, but provide a cooperative model for green energy all of Terra could use.
The strategy behind LuYing is to combine the technology and products of Shangdian and Taiyang to maximize effectiveness, scale up, and expand. For example, Shangdian's new taichi battery, which can now store 20 megawatts of solar power, will greatly increase the effectiveness and usability of Taiyang's solar panels. Even more so, the pooling of resources will allow LuYing to provide seed money for Yingdalan green start ups.
A major focus for investment is storage. While Shangdian has made advances in battery storage, more is needed to make solar energy a viable alternative. Gradual innovation will lead to results eventually, but LuYing seeks to capitalize on the spontaneous and serendipitous. These will go beyond storage for large power plants and extend to smaller batters ranging from powering electric vehicles to personal electronics. More traditional investments will also be made in wind farms, hydroelectric dams, and the like. "Greening" Yingdala's energy is the primary concern - as it leads to environmental and energy security.
Most interestingly, LuYing will be taking a largely hands off approach to its investments. It will seek to provide seed money in exchange for the most minimal equity possible, while also minimizing board influence. The rationale is that the innovators, with ample business support, are going to be better placed to create advanced products with fewer diktats from investors. Such a level of freedom and flexibility is almost unheard of.
But energy and environmental security aren't all LuYing will do. Thousands of jobs are expected to be created, jobs that will pay well and apply the high-skills of leading Yingdalan talents. Yingdala's economy can only grow through such an initiative.
To maximize success, LuYing will be turning to Lourenne and its trove of green companies. Although many Lourenneais companies may be apprehensive about helping potential competition, LuYing's goals and vision might be noble enough to generate meaningful cooperation.
Decades of environmental misuse and deregulation have negatively impacted Yingdala in the long run. The LuYing Initiative, likely with eventual support from the Jien Party, will help see Yingdala through to a greener future.