Intelligent energy provider China Everbright Greentech has successfully implemented 10 projects across various cities, including Nanjing, Huai'an, Changzhou, Xuzhou, Suqian, Suzhou, Lu'an and Guangzhou, with a total investment of 807 million yuan (US$110.9 million) since the launch of its strategic Zero-Carbon Industry Park + Virtual Power Plant model based on an integrated biomass utilization segment in 2023.
The projects encompass a combined capacity of 137.58 megawatts (MW) of rooftop solar power, 29.47 MW-hours (MWh) of energy storage, 1.58MW of charging stations, and a heat supply capacity of 276.25 tonnes/hour, enabling the company to establish a presence on both virtual power plant and green power trading platforms.
Under its Zero-Carbon Industry Park strategy, the Nanjing solar power project has a total capacity of 13.768MW, of which 6.966MW is currently under operation, making a tangible contribution to the city’s clean energy supply.
The Lianshui project in Huai'an boasts a capacity of 52MW of solar power and 20MWh of energy storage project, of which 12MW of solar power has already commenced operation, supporting the region’s energy transition.
In addition, the Changzhou project has bolstered the green energy base by focusing on the synergy between solar power and energy storage. Also, 18.62MW of the 26.1MW solar power project in Feng County, Xuzhou, has been connected to the grid, establishing itself as a local landmark for green energy.
Meanwhile, the 40MW solar power project in Suqian is ready for launch, and the 4.472MWh energy storage project in Guangzhou is already up and running, enhancing the city’s energy resilience.
In terms of the heat supply projects, new steam supply capacity, totalling 276.25 tonnes/hour, has been added in Xiao County and Yongqiao in Suzhou, Lianshui and Xuyi in Huai'an, and Yeji in Lu'an, all of which are steadily progressing through the construction phase.
These projects, the company says, serve to reinforce its economic benefits and social contributions in the heat supply field, generating a stable stream of cash flow.
Simultaneously, the virtual power plant and green power trading platform, which are built upon artificial intelligence algorithms, have now transitioned into the testing and operational stages.
This has optimized and upgraded the safety of electricity usage in industrial areas and effectively reduced electricity costs.
The establishment of the platform not only enables efficient management of distributed energy but also promotes the achievement of energy-saving and emission reduction goals within industrial parks while forming a good synergy with heat supply projects, creating a green, intelligent and efficient energy ecosystem.
“Our pursuit of green development and enhancement of the company’s new quality productive forces necessitate a strategic blend of asset-heavy and asset-light approaches,” says Zhu Fugang, the company’s CEO. “This necessitates that our focus should extend beyond the technological innovation and green attributes of the projects to include their economic benefits and social value.
“The successful implementation of these projects is a strong testament to the company’s deepening green transformation and response to national policy calls.”
