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Shanghai Electric’s Businesses Accelerate in 2023
2023/02/10  EN_上海电气集团股份有限公司

New look, new vitality, new achievements, new orders. At the beginning of the Year of the Rabbit, Shanghai Electric continues to win new orders and achieve great business results in multiple businesses...

Shanghai Electric's Thermal Power and Wind Power Projects Make It for the First Time on the List of Signed Overseas Projects

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) announced the “2022 China's Top Overseas Power Project Contractors”. Shanghai Electric ranked 13th with 20 newly signed projects, including major maintenance of Wassit Power Plant in Iraq and the Parau PV project in Romania.

In particular, the group's thermal power and wind power projects ranked 7th and 8th respectively, while its power transmission projects ranked 9th, up 2 places from last year. its solar power (PV) projects ranked 14th; and its new energy projects ranked 15th, up 5 places from last year. In 2022, Chinese enterprises reportedly entered into 517 contracts for overseas power projects, with a total contract value of $33.993 billion and a total installed capacity of 33.5 GW.

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Block C of Phase V of the PV Project in Dubai Connected to the Grid at a Fast Speed

On February 1, local time, Block C of the 900MW Phase V PV project in Dubai was connected to power successfully as a major project milestone. Its timely completion received unanimous praise from the owner and the local grid company.

During the Chinese New Year holiday, when the project was at the critical stage of connecting to the grid, all the staff stood fast, organized and promoted the installation and commissioning of the equipment. The construction was still in full swing during the festival, laying a solid foundation for the completion of the target. The project is divided into three blocks (A/B/C and each 300MW). Block A is temporarily handed over on November 9, 2021, and Phase B enters commercial operation on October 10, 2022.

Shanghai Electric Machinery Wins an Order of Wind Power Synchronous Condensers for Poverty Alleviation in Old Revolutionary Area

Recently, Shanghai Electric Power Generation Equipment Co., Ltd. Generator Plant won an order of 4 sets of 50Mvar wind power synchronous condensers for a poverty alleviation in old revolutionary area, which will consolidate Shanghai Electric's leading position in the field of distributed synchronous condensers.

With a total installed capacity of 3 million kilowatts, it is the first wind power project in China's new energy sector to use synchronous condensers. It is also a major poverty alleviation project approved by the CPC Central Committee to "support old revolutionary areas, alleviate poverty in concentrated poverty-stricken areas, and make the people in areas where the earliest revolutions were practiced to live a good life”.

Shanghai Electric-SPX Wins Orders for Air-Cooling Equipment from CSP Market Successively

Shanghai Electric-SPX Engineering & Technologies recently won consecutive orders for air-cooling equipment from Yumen CSP project and Zhabuye CSP Project in Tibet. So far, the company has won all the air-cooling equipment bids in the domestic CSP market over the past year, strengthening Shanghai Electric's market presence.

Shanghai Electric SPX Engineering & Technologies Co., Ltd. has won many orders for air-cooling equipment from CSP market players such as Yumen Xinneng, CSIC, Haixi Mongolian and Tibetan Autonomous Prefecture, Akesai, and Cosin Solar Jinta, by virtue of its world-leading technology, excellent product performance, rich project experience and good reputation.