Energy Conservation and Environmental Protection Promotion and Application Project of Shandong Dongying Public Transport Automobile Company

This project was granted with a concessional loan of RMB 68 million on November 8th 2017. It is mainly about purchasing 415 plug-in hydraulic hybrid buses, blade electric buses and gas-fueled buses from 2014 to 2018 to replace the yellow-labeled traditional diesel-fueled buses. This project relates to industrial energy conservation and energy efficiency enhancement. The implementation of the project can effectively lower vehicle energy consumption, cut down discharge of exhaust and thus realize greenhouse gas emission reduction. After coming into production, the project can reduce carbon emission reduction of 3,341 tCO2e on annual basis and and leverage social capitals of RMB 192 million.

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