CGN Energy Service Co signed a deal with Yinchuan Yuehai Bay Central Business District on Nov 24 to cooperate on a heat supply project, featuring comprehensive utilization of energy.
The project aims to reduce coal consumption and promote environmental protection and clean urban development in Yinchuan, the capital of the Ningxia Hui autonomous region, by consuming surplus electricity in a scientific way.
The first phase of the project will provide heat to an area of 1.2 million square meters, with a goal covering more than 5 million square meters in the Yinchuan Yuehai Bay Central Business District upon full completion. The first phase is planned to be put into operation in 2017, reducing annual coal consumption by 18,000 tons, and further reducing carbon dioxide emission by 47,000 tons, soot emissions by 48 tons, sulfur dioxide emissions by 153 tons and nitrogen oxides emissions by 134 tons. The heating facility will consume about 100 million kWh of the off-peak electricity or clean energy.
The project, of significant social and economic benefits, will set an example for the scale of development possible for alternative electrical energy in northern regions of China.
As a wholly-owned subsidiary of CGN (China's biggest nuclear power operator), CGN Energy Service Co will give full play to its advantages in capital, branding, credit, technology, management and other aspects, to help with the ecological construction in Yinchuan, providing high quality clean energy services. This project in Yinchuan Yuehai Bay Central Business District will allow for future cooperation on clean energy projects in Yinchuan and Ningxia Hui autonomous region as a whole, said Yao Qiuming, general manager of CGN Energy Service Co, at the signing ceremony.
Yinchuan also spoke highly of the cooperation with CGN Energy Service Co. Li Quancai, head of Jinfeng district of Yinchuan, said the project marked a great economic achievement, promoting clean energy in Yuehai Bay Central Business District. The district aims to become a center for companies to set up their headquarters, and the most attractive business district integrating the development of modern services such as, convention and exhibition, retailing, hotels, advertising and creative culture.