Shanghai Electric Ranks in China's Top 50 Most Valuable Brands

Shanghai Electric has been named one of the top 50 most valuable brands in China, according to the latest China's 500 Most Valuable Brands list released by World Brand Lab.

July 09, 2021. By News Bureau

Shanghai Electric has been named one of the top 50 most valuable brands in China, according to the latest China's 500 Most Valuable Brands list released by World Brand Lab. The ranking shows Shanghai Electric's brand value has topped RMB 145 billion in 2021, a 37.4% increase from last year, placing the company at the forefront of the Chinese machinery industry.
 
As a leading Chinese enterprise that can trace its history back to 1902, the century-old manufacturer has played a pivotal role in shaping technological evolution in China and continues leading the technological innovation in accelerating the energy transition to help build a greener and more sustainable future.

With renewable energy, energy storage and energy management system at the heart of its technological focus, Shanghai Electric has been pursuing green technologies that produce 100% renewable power while pioneering integrated energy technologies and products that incorporate renewable energy, energy storage and smart micro-grids. The Chongming Sanxing Town renewable energy project powered by Shanghai Electric integrated clean energy solutions has generated over 400MW of green electricity since it started operation in 2018 and reduced approximately 400 tons of CO2 emission.

Adopting "generation-grid-load-storage" dynamic control and management technology, the Shantou Smart Energy Demonstration Project by Shanghai Electric ensures a stable and high-quality power supply while fully taking advantage of the abundant natural wind and solar resources in the region to achieve energy balance and self-optimization. This allows the project to generate near 100% renewable energy and reduce CO2 emissions by 6,500 tons per year.

"Against the backdrop of a new technological era powered by IoT, big data and cloud technology, Shanghai Electric is focusing its strategy on intelligent manufacturing and industrial digitalisation, building a unique industrial ecosystem to empower the future of Smart Energy, Intelligent Manufacturing and Smart City," said Zheng Jianhua, Chairman of Shanghai Electric.

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