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Yancheng to tap MNCs for edge in clean energy

By ZHENG CAIXIONG and GUO JUN in Nanjing | China Daily | Updated: 2024-09-11 09:44
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An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low(zero) carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. [Photo/Xinhua]

Yancheng city in Jiangsu province, which has resource advantage of enriched green energy, will further promote and deepen exchanges and cooperation with multinational corporations to strengthen its clean energy industry.

Zhang Mingkang, mayor of Yancheng, said the city is now creating conditions to attract more MNCs to settle down in the city to accelerate the development of its green industry.

Zhang made the remarks at a cooperation and exchanges conference for Yancheng zero carbon industrial parks held in the coastal city late last month.

"Multinational corporations are an important force in building an open world and promoting economic globalization," he said.

"And Yancheng will approach the outside world with a more open attitude, integrate into the world, create a first-class business environment and provide maximum convenience for all investors, entrepreneurs, researchers and developers to expand in the city."

According to Zhang, Yancheng is rich in "wind and luminous" energy resources, with a total exploitable capacity of more than 30 million kilowatts, making it the first "10 million kilowatt new energy power generation city" in the Yangtze River Delta region.

The installed capacity of new energy power generation in the city has reached 15.33 million kW, of which the installed capacity of offshore wind power represents about one-tenth of the global and one-fifth of the country's total.

Meanwhile, new energy generation accounts for about 65 percent of the total electricity consumption of Yancheng, making it a truly global capital of green energy, Zhang said.

The mayor said the city is actively exploring the development potential of the green energy industry and accelerating the construction of offshore wind and luminous energy comprehensive utilization bases, promoting the integrated development of "wind, luminous, hydrogen and energy storage" industries, to achieve the goal of an industrial production of 200 billion yuan ($28.1 billion) and installed capacity of more than 20 million kW of the new energy industry by 2025.

Yancheng, one of three coastal cities in East China's Jiangsu province, is an important center in the Shanghai metropolitan circle. With a land area of 17,700 square kilometers and a sea water area of 18,900 square kilometers, Yancheng has vast land for development and construction of green energy projects.

In Dongtai, a county-level city under the administration of Yancheng, the new energy power generation had come to 2.62 billion kilowatt-hours in the first half of the year, accounting for 71.4 percent of the total electricity consumption in Dongtai, fully covering industrial electricity consumption in the city.

Hu Guirong, director of the development division of State Grid Yancheng Power Supply Co, said green energy has significant advantages compared to traditional energy, as green energy sources, including wind and light, produce little pollutants, which helps reduce greenhouse gas emissions and contribute to achieving the dual carbon goals.

Meanwhile, the development cycle of green energy is shorter than that of traditional energies, which can ensure the reliability of power supply.

Therefore, developing green energy has great significance, especially in Jiangsu, a major electricity consumption province, said Hu.

"The rapid growth of green energy can fill some of the load gap. And new quality productive forces are green productivity, and the large-scale development of green energy has driven technological progress and green transformation in related industry chains, including the power grid," he said.

Hu said Yancheng, the first clean energy high proportion consumption demonstration city in Jiangsu, is one of the first batch of carbon peak pilot cities in China, and it has been identified as the only green and low-carbon development demonstration zone in Jiangsu.

Zhang Shimin, deputy general manager of Luxcase Precision Technology (Yancheng) Co Ltd, said clean and green energy can not only reduce a company's production costs, but also gain the favor of many international customers.

As an intelligent manufacturing enterprise, the company counts electricity among its main costs, said Zhang Shimin.

"Yancheng has abundant green energy resources, and we have installed photovoltaic power generation equipment in the factory area, achieving 100 percent green energy usage in the production process this year, implementing the concept of green development throughout the entire production process."

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