Shanghai Electric Earns Multiple Safety and Environmental Certifications for Global Power Projects

In recent developments, Shanghai Electric (SEHK: 2727, SSE: 601727) has made significant strides in promoting safety and environmental stewardship in its international energy projects. The company has successfully acquired numerous certifications that affirm its expertise in clean energy technologies, particularly in the fields of photovoltaics and sustainable thermal power. Notably, these certifications encompass projects located in Dubai, Oman, Bangladesh, and Malaysia, illustrating the company’s extensive reach and commitment to responsible energy development.

One of the exemplary projects recognized for its safety performance is the Noor Energy 1 Solar project, a hybrid solar power plant that combines Concentrated Solar Power (CSP) and photovoltaic technologies in Dubai. With an impressive capacity of 950 MW, this project has achieved a remarkable milestone by logging 15 million safe working hours. The team behind this achievement has exemplified a proactive safety culture, carefully identifying potential hazards, meticulously planning essential operations, and implementing robust risk management measures. Their commitment to rigorous safety protocols for subcontractors has ensured comprehensive oversight and governance throughout the project's lifecycle, which further reinforces Shanghai Electric's dedication to maintaining operational integrity and long-lasting sustainability for the future.

Additionally, the Manah-1 independent solar power plant in Oman has also received accolades, marked by attaining 3 million hours of safe operations. Despite facing challenges from tight schedules and evolving circumstances, the project team ensured safety through stringent protocols, emergency drills, and maintaining a zero-accident rate, reflecting the organization's unwavering resolve to uphold safety as a paramount priority.

Moreover, the Rupsha 800MW combined cycle power plant in Bangladesh achieved commendable recognition by logging 5 million safe working hours. The project team reinforced this success by adhering to strict procedural guidelines, conducting frequent inspections, and providing targeted training initiatives to ensure ongoing improvements and adept risk management.

In addition to safety, Shanghai Electric has made remarkable contributions to environmental sustainability. The waste-to-energy facility in Selangor, Malaysia, received the Annual Excellence Award for Environmental Management from the Selangor Environmental Protection Office. This accolade, coupled with eight previous awards for environmental management, underscores the company’s steadfast commitment to sustainable development. As the first waste-incinerating power plant in Selangor, the project has garnered significant attention and recognition from local stakeholders for its exemplary adherence to strict environmental regulations and effective measures to foster sustainability. The facility's initiatives also extend to community involvement; employees participated in a beach cleanup organized by the Selangor Environmental Protection Office, raising awareness about ecological issues while protecting marine biodiversity.

Moreover, the project team in Pakistan has actively engaged in community building by donating 1,221 sets of textbooks, school supplies, and drinking water bottles to schools in the Thar region. This gesture not only addresses the pressing educational resource challenge but also reinforces local educational infrastructures through donations of national anthem boards for classrooms and school nameplates. The initiative is part of an ongoing commitment to promote sustainable community development and emphasize the importance of education, healthcare, environmental protection, and infrastructure improvements.

Shanghai Electric's efforts in advancing environmentally friendly technologies are marked by research-driven and industrialized management models, with a focus on key practices in the areas of environmental protection, corporate social responsibility, and good governance. In 2024, the company highlighted projects like eco-friendly and smart manufacturing, implementing digital twin technology, repurposing wind turbine components, and resource recycling. These initiatives reflect the organization's commitment to reducing environmental footprints while complying with societal regulations.

Moreover, Shanghai Electric’s A-shares have been included in the Hang Seng Sustainable Enterprises Index for the past two years, reaffirming its dedication to sustainability in corporate practices. Its H-shares are also listed on the same index, showcasing their commitment towards responsible business practices. Recently, Shanghai Electric was recognized among the top 50 pioneers in environmental, social, and governance (ESG) practices among companies listed on the stock exchange in the Yangtze River Delta for the year 2024.

For those interested in learning more, detailed information about Shanghai Electric's sustainability practices can be found on their official website. The company’s commitment to leading the green energy future through innovation and sustainable development continues to reshape the global energy landscape while fostering positive community engagement.

Topics Energy)

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