Investment in the Ningxia Biomass Project to Drive Industrial Development
Shanghai Electric Investment Co., Ltd. has invested in the biomass power generation project. After completion, this project will use 300,000 tons of agricultural residue per year, heat an area of 1.5 million square meters, reduce annual coal consumption by about 86,000 tons, and reduce annual carbon dioxide emissions by about 182,000 tons. The project provides significant energy savings and emissions reduction. At the same time, it has driven the EPC orders of the Environmental Protection Group beyond RMB 200 million and increased the revenue of the Industrial group.

The construction of this project will not only improve the penetration rate of local central heating and sewage treatment, but also increase the income of local residents and promote the development of renewable energy in the Ningxia Hui Autonomous Region.

This project does not consume coal or oil, taking various energy saving and environmental protection measures, and using advanced energy conservation and environmental protection products. The project uses an industry-leading extraction and condensing high-temperature and high-pressure steam turbine generator with a high-temperature and ultra-high pressure biomass fuel natural circulation fluidized bed boiler. In addition to providing gas supplies and heating, the circulated water can also be used to heat local residences.

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Shanghai Electric Finance Group
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