Shanghai Lingang Offshore Wind Power Phase I Demonstration Project of Shanghai Lingang Offshore Wind Power Co., Ltd.

The project was approved concessional loan of RMB 69 million on August 30 2019 and guaranteed by Shenergy Group Finance Co., Ltd..

The project is mainly about the construction of 25 4MW offshore wind power generation sets, with a total installed capacity of 100MW. It belongs the category of clean energy development and utilization, the project adoptswind energy, a clean renewable energy, to improve Shanghai's energy mix, mitigate the contradiction between power supply and demand, improve energy efficiency, replace traditional energy consumption, and achieve greenhouse gas emission reduction. After the project is finished, 194,124 tCO2e of greenhouse gas emissions can be reduced annually. 

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