Corporate net zero pathways

Corporate Net Zero Pathways: Zhejiang’s green electricity direct trading has exceeded 1 TWh in the first quarter of 2022

On March 17, Zhejiang’s provincial power exchange organized the third trading round of intra-provincial green electricity for 2022. With a total of over 1 TWh traded between power generators and power users/retailers, Zhejiang’s green electricity trading volume in the first three months is already twice that of last year’s total. The trading was exclusively organized …

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Behind the meter energy storage represents an opportunity to generate extra revenues and reduce the local power’s carbon footprint

Guangdong’s largest BTM Energy Storage System was put in operation The largest LFP electrochemical BTM project in Guangdong, with a total capacity of 9.5MW/19.14MWh, was recently put in operation in Foshan. The system’s total charge /discharge volume can reach 32.3 MWh per day. The energy storage system was built for Foshan Innolux Optoelectronics Ltd., a …

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CNOOC signed 100 GWh of green electricity PPAs

CNOOC Oil & Petrochemicals Co. Ltd., the refining arm of China National Offshore Oil Corp. (CNOOC) in Huizhou, Guangdong province, has signed green electricity PPAs (power purchase agreements) worth 100 GWh in 2022. This is by far the largest deal for green power for one single power user in Guangdong. The agreement is composed of 38 GWh …

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Tencent to rely on the development of utility scale new energy power stations

Tencent recently published its ‘Carbon Neutrality Target and Roadmap Report’. The group plans to reach carbon neutrality by 2030 according to a principle of ‘Emissions reduction and green power first, emissions offsets second’. To accomplish this, it notably plans to count on the development of utility scale onshore and offshore solar and wind power stations. …

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