Did you know this building has witnessed Shanghai’s electrifying journey? This is the Shanghai Electric Power Generation Group. It stands as a testament to China’s progress in power generation.
Shanghai Electric is a multinational company. Its headquarters are here in Shanghai. The company’s roots trace back to 1880. One of its subsidiaries was established before then.
Since 2004, Shanghai Electric has ranked among the world’s leaders. Its production, sales, and order quantity in power generation equipment are impressive. The power generation engineering industry also numbers among the top global groups.
Shanghai Electric has achieved many breakthroughs since 1949. These include the first 6000 kW fossil-fueled power generating unit. Also included is the first cooling gas turbine generator worldwide. The company also created the first ten-thousand water pressing machine in China.
Shanghai Electric also produced the first 300 MW nuclear power generating unit in China. Not forgetting the first large ship-use crankshaft. And the first 1000 MW ultra super-critical fossil-fueled power generating units in China.
Shanghai Electric listed on the Hong Kong Stock Exchange on April 28, 2005. It was listed on the Shanghai Stock Exchange on December 5, 2008.
In 2010, Shanghai Electric made a significant agreement with Reliance Power of India. This US$8.3 billion deal involved supplying 36 coal-fired thermal power generation units.
Shanghai Electric is engaged in the design, manufacture, and sale of various products. These include power generation equipment and wind turbines. Also power transmission and distribution equipment and transformers. The company also makes switchgear and circuit breakers. They also produce transport equipment and machine tools. Elevators, packaging, print machinery, and environmental protection equipment are included.
Shanghai Electric is the world’s largest manufacturer of steam turbines. Impressive indeed.
Shanghai Electric’s mission includes innovation and sustainability. It focuses on technological advancement to support global energy transition. The company aims to produce 10 GW of renewable energy capacity annually by 2025. This reflects a substantial increase in their green energy footprint.
The group is dedicated to improving energy production efficiency. This includes thermal, nuclear, wind, and solar energy.
Shanghai Electric Power Generation Group specializes in power generation equipment manufacturing. It also handles power generation engineering and full life-cycle service.
Its power generation engineering projects span over 30 countries. The installed capacity exceeds 92 million kW. The company’s service system covers the entire power plant life cycle. This includes energy-saving unit reconstruction and environmental unit reconstruction.
Shanghai Electric is committed to corporate social responsibility. It allocates millions towards community development and environmental protection programs.
Shanghai Electric continues to be a critical part of China’s energy landscape. It adapts to changing markets. It also embraces sustainability and innovation. Standing here, you are witnessing a powerhouse of progress.