Shanghai Electric

Shanghai Electric's Efforts Included in 2023 ESG Excellent Cases of Chinese Public Companies

Retrieved on: 
Thursday, November 30, 2023

SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) was honored at the Chinese Listed Companies Sustainable Development Conference for its remarkable performance in Environmental, Social, and Governance (ESG).

Key Points: 
  • SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) was honored at the Chinese Listed Companies Sustainable Development Conference for its remarkable performance in Environmental, Social, and Governance (ESG).
  • Included in the "2023 ESG Excellent Cases of Chinese Public Companies", the company's progressive strategies and unique insights have significantly contributed to the transformation of the ESG landscape in China.
  • The annual event, run by the China Association for Public Companies (CAPCO), acknowledges listed Chinese companies that have made considerable progress in areas such as climate impact, social responsibility, and corporate governance.
  • Companies were evaluated based on their efforts in comprehensive ESG practices, with the emphasis on their actions to minimize carbon footprints and aid societal development.

Shanghai Electric's Efforts Included in 2023 ESG Excellent Cases of Chinese Public Companies

Retrieved on: 
Thursday, November 30, 2023

SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) was honored at the Chinese Listed Companies Sustainable Development Conference for its remarkable performance in Environmental, Social, and Governance (ESG).

Key Points: 
  • SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) was honored at the Chinese Listed Companies Sustainable Development Conference for its remarkable performance in Environmental, Social, and Governance (ESG).
  • Included in the "2023 ESG Excellent Cases of Chinese Public Companies", the company's progressive strategies and unique insights have significantly contributed to the transformation of the ESG landscape in China.
  • The annual event, run by the China Association for Public Companies (CAPCO), acknowledges listed Chinese companies that have made considerable progress in areas such as climate impact, social responsibility, and corporate governance.
  • Companies were evaluated based on their efforts in comprehensive ESG practices, with the emphasis on their actions to minimize carbon footprints and aid societal development.

Shanghai Electric Showcases Six Low-Carbon Energy Solutions at Enlit Asia 2023

Retrieved on: 
Friday, November 17, 2023

JAKARTA, Indonesia, Nov. 17, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) showcases six of its flagship low-carbon energy solutions designed to empower a sustainable future at Enlit Asia 2023, slated to be held at the Indonesia Convention Exhibition (ICE) in Indonesia from November 14 to 16.

Key Points: 
  • JAKARTA, Indonesia, Nov. 17, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) showcases six of its flagship low-carbon energy solutions designed to empower a sustainable future at Enlit Asia 2023, slated to be held at the Indonesia Convention Exhibition (ICE) in Indonesia from November 14 to 16.
  • "At Shanghai Electric, we strategically combine traditional and new energy, with priorities setting on efficiency improvements on fossil fuel-based power sources to facilitate global energy transition in a healthy way.
  • Our participation in Enlit Asia reflects our commitment to this path as we provide our experience, technology, and solutions to supercharge the energy evolution," said Zhang Hongbin, Director of the New Energy Development Department of Shanghai Electric.
  • Taking center stage is Shanghai Electric's full suite of clean coal-fired energy solutions, with the product range spanning from 350MW to 1350MW.

Shanghai Electric Inks Agreement with Johnson Controls at CIIE 2023 with Plans to Establish Laboratory that Empowers Greener Urban Development

Retrieved on: 
Tuesday, November 14, 2023

SHANGHAI, Nov. 14, 2023 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727) announced to ink the "Carbon & Digital" Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move that will strengthen the pair's synergy as they endeavor to fuel innovation for urban sustainability.

Key Points: 
  • SHANGHAI, Nov. 14, 2023 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727) announced to ink the "Carbon & Digital" Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move that will strengthen the pair's synergy as they endeavor to fuel innovation for urban sustainability.
  • "The establishment of the joint laboratory will further deepen the collaboration between Shanghai Electric and Johnson Controls in the green, low-carbon, and sustainable development of cities.
  • Industrial parks are characterized by high energy consumption and carbon footprints.
  • The roots of the business alliance between Shanghai Electric and Johnson Controls date back to 2015 for collaborative efforts in the realms of zero-carbon technology and green development.

Shanghai Electric Inks Agreement with Johnson Controls at CIIE 2023 with Plans to Establish Laboratory that Empowers Greener Urban Development

Retrieved on: 
Tuesday, November 14, 2023

SHANGHAI, Nov. 14, 2023 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727) announced to ink the "Carbon & Digital" Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move that will strengthen the pair's synergy as they endeavor to fuel innovation for urban sustainability.

Key Points: 
  • SHANGHAI, Nov. 14, 2023 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727) announced to ink the "Carbon & Digital" Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move that will strengthen the pair's synergy as they endeavor to fuel innovation for urban sustainability.
  • "The establishment of the joint laboratory will further deepen the collaboration between Shanghai Electric and Johnson Controls in the green, low-carbon, and sustainable development of cities.
  • Together, our goal is to create integrated solutions and intelligent service platforms that combine multiple energy sources such as electricity, cold, heat, and gas, jointly promoting green and low-carbon transformation," said Liu Ping, President of Shanghai Electric.
  • The roots of the business alliance between Shanghai Electric and Johnson Controls date back to 2015 for collaborative efforts in the realms of zero-carbon technology and green development.

Equipped with Shanghai Electric's Offshore Tribune, World's First Deep-Sea Floating Wind Energy Project Integrated with Marine Ranching Completes

Retrieved on: 
Friday, November 3, 2023

SHANGHAI, Nov. 3, 2023 /PRNewswire/ -- The world's first maritime renewable energy project that combines deep-sea floating wind energy and aquaculture has been completed in China.

Key Points: 
  • SHANGHAI, Nov. 3, 2023 /PRNewswire/ -- The world's first maritime renewable energy project that combines deep-sea floating wind energy and aquaculture has been completed in China.
  • Marking a significant step forward for China's wind energy sector, the project is developed by Longyuan Power Group, with Shanghai Electric Wind Power Group (the Wind Power Group), a subsidiary of Shanghai Electric (SEHK: 2727, SSE: 601727), providing the power generation equipment and towers of the offshore turbines.
  • On the safety front, Shanghai Electric Wind Power Group uses a multi-pronged approach to ensure the reliability of the project throughout its entire lifecycle.
  • The Company also developed a custom-built intelligent terminal system for floating wind turbines, enhancing reliability to ensure the safe and consistent operation of the turbines while maximizing wind utilization.

Equipped with Shanghai Electric's Offshore Tribune, World's First Deep-Sea Floating Wind Energy Project Integrated with Marine Ranching Completes

Retrieved on: 
Friday, November 3, 2023

SHANGHAI, Nov. 2, 2023 /PRNewswire/ -- The world's first maritime renewable energy project that combines deep-sea floating wind energy and aquaculture has been completed in China.

Key Points: 
  • SHANGHAI, Nov. 2, 2023 /PRNewswire/ -- The world's first maritime renewable energy project that combines deep-sea floating wind energy and aquaculture has been completed in China.
  • Marking a significant step forward for China's wind energy sector, the project is developed by Longyuan Power Group, with Shanghai Electric Wind Power Group (the Wind Power Group), a subsidiary of Shanghai Electric (SEHK: 2727, SSE: 601727), providing the power generation equipment and towers of the offshore turbines.
  • With the deployment of offshore wind power extending beyond coastal regions into deep-sea locations, Shanghai Electric Wind Power Group is fully prepared to lead the way in the development, installation, and operation of floating wind power and deep-sea wind power projects, equipping itself with state-of-the-art technology and leveraging its extensive expertise to create solutions for multi-purpose new energy infrastructure.
  • On the safety front, Shanghai Electric Wind Power Group uses a multi-pronged approach to ensure the reliability of the project throughout its entire lifecycle.

Shanghai Electric Showcases Multiple World-Class Scientific and Technological Innovations at the China International Industrial Fair 2023 in Shanghai

Retrieved on: 
Tuesday, September 26, 2023

With decades of experience in the development of technological innovation in the energy industry, Shanghai Electric has successively released three major smart industry solutions, namely, Energy Carbon Smart Butler, SEunicloud Industrial Internet Platform 4.0, and Zero Carbon Industrial Park.

Key Points: 
  • With decades of experience in the development of technological innovation in the energy industry, Shanghai Electric has successively released three major smart industry solutions, namely, Energy Carbon Smart Butler, SEunicloud Industrial Internet Platform 4.0, and Zero Carbon Industrial Park.
  • Shanghai Electric's integrated wind and solar storage solutions provide one-stop integrated equipment and services for multiplexed, high-quality energy storage and conditioning.
  • Additionally, Shanghai Electric displayed equipment such as large F-class heavy-duty gas turbines, high-temperature gas-cooled reactors, ultra-high voltage transformers, and intelligent universal air circuit breakers.
  • To watch Shanghai Electric's Highlight Video of its CIIF 2023 exhibition, please visit: https://www.facebook.com/ShanghaiElectric/videos/1486796252116909/ .

Shanghai Electric Showcases Multiple World-Class Scientific and Technological Innovations at the China International Industrial Fair 2023 in Shanghai

Retrieved on: 
Tuesday, September 26, 2023

With decades of experience in the development of technological innovation in the energy industry, Shanghai Electric has successively released three major smart industry solutions, namely, Energy Carbon Smart Butler, SEunicloud Industrial Internet Platform 4.0, and Zero Carbon Industrial Park.

Key Points: 
  • With decades of experience in the development of technological innovation in the energy industry, Shanghai Electric has successively released three major smart industry solutions, namely, Energy Carbon Smart Butler, SEunicloud Industrial Internet Platform 4.0, and Zero Carbon Industrial Park.
  • It has also developed an "energy carbon steward" based on its industrial internet platform that realizes the transformation from energy expert to energy carbon steward.
  • Shanghai Electric's integrated wind and solar storage solutions provide one-stop integrated equipment and services for multiplexed, high-quality energy storage and conditioning.
  • Additionally, Shanghai Electric displayed equipment such as large F-class heavy-duty gas turbines, high-temperature gas-cooled reactors, ultra-high voltage transformers, and intelligent universal air circuit breakers.

Shanghai Electric Subsidiary, Shanghai Electric Energy Storage Technology, Receives RMB400 Million in Series A Financing, Accelerating Development of Its Energy Storage Business

Retrieved on: 
Wednesday, September 20, 2023

SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business.

Key Points: 
  • SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business.
  • Once the financing has been completed, the post-investment valuation of Shanghai Electric Energy Storage will exceed 2.2 billion yuan.
  • "Moving forward, Shanghai Electric Energy Storage Technology will continue to solidify its development positioning and step up as a global leader in long-term electrochemical energy storage," said Jin Xiaolong, Vice President of Shanghai Electric Group.
  • Looking ahead, Shanghai Electric Energy Storage is already setting its sights on launching a Series B financing campaign in 2024.