Shentong Metro's subsidiary successfully connected the photovoltaic project to the grid
Shentong Metro announced that its wholly-owned subsidiary Shanghai Metro New Energy Co., Ltd. has successfully connected a 11.1 megawatt distributed photovoltaic project to the grid, with an expected annual power generation of approximately 11 million kWh, reducing carbon dioxide emissions by about 4,600 tons. The actual power generation in 2024 is expected to exceed 56 million kWh, reducing carbon dioxide emissions by more than 23,500 tons. The photovoltaic project will bring the cumulative scale of the new energy company's photovoltaic power stations to 62.4 megawatts, with the future annual power generation accounting for 2.2% of Shanghai Metro's total electricity consumption
According to the announcement from Shentong Metro (600834.SH), as of the end of 2024, the company's wholly-owned subsidiary Shanghai Metro New Energy Co., Ltd. (referred to as "New Energy Company") has fully connected to the grid the 11.1 megawatt distributed photovoltaic project constructed in 2024. This project involves various bases including Fanjin Road on Line 1, Chenta Road on Line 7, Pujiang Town on Line 8, Pujiang Line, Chenta Road on Line 15, and Dongbaoxing Road subway station on Line 3. The project is expected to generate an average annual electricity output of approximately 11 million kWh in the future, reducing carbon dioxide emissions by about 4,600 tons and saving approximately 3,100 tons of standard coal.
The actual electricity generation of the New Energy Company for the entire year of 2024 is expected to exceed 56 million kWh, with carbon dioxide emissions reduction expected to exceed 23,500 tons and standard coal savings expected to exceed 15,700 tons. With the successful grid connection of the newly built photovoltaic projects in 2024, the scale of photovoltaic power stations managed by the New Energy Company will accumulate to approximately 62.4 megawatts, with the future average annual electricity output accounting for about 2.2% of the total electricity consumption of Shanghai Metro's rail transit network. Next, the New Energy Company will continue to expand photovoltaic application scenarios, increase the proportion of renewable energy, and make green development a distinctive feature of Shanghai Metro
