Shanghai Electric has published a dual carbon action that contains steps to achieve a 70% reduction in carbon dioxide emissions per unit of GDP by 2030 compared to 2020 levels and full value chain carbon neutrality by 2055.
In the action plan, Shanghai Electric details trial cases the development and application of clean energy.
In pumped storage, the fifth unit of the Changlongshan Pumped Storage Power Station, located in Anji County, Zhejiang Province, has been officially connected to the grid and put into commercial operation.
This power station features a rated water head of 710 metres and a reversible unit with an output of over 300MW, making it the first of its kind in the world.
In wind power Shanghai Electric has completed one of the largest commercial single-unit capacity wind power projects.
Shanghai Electric has claimed it is capable of achieving 24-hour continuous power generation with 100%, enabled by concentrated solar power (CSP) and photovoltaic (PV) installations.
Shanghai Electric has demonstrated comprehensive applications of lithium-ion batteries in various scenarios, including grid-side, user-side, and power generation-side applications.
The company has pioneered the shared energy storage model on the grid side.
The company manufactures and supplies liquid flow energy storage systems and its activities span production of stack, electrolyte and system modules with modular design, manufacturing, and engineering delivery capabilities.
Its solutions have been exported to Europe, Japan, and Australia, among other regions.
Shanghai Electric covers the entire value chain in the field of hydrogen energy, including hydrogen production, storage, refuelling stations, and the design and production of gas turbines for hydrogen blending.