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Shanghai Electric Celebrates Its 120th Anniversary - Accelerating Transition to Green and Low Carbon Solutions

SHANGHAI, Oct. 7, 2022 /PRNewswire/ -- The Energy Integration for Intelligent Future business summit forum, hosted by Shanghai Electric Group Company Limited (Shanghai Electric) as part of its 120th-anniversary celebration, concluded successfully in Shanghai on September 26, 2022. 

At this critical, historical moment for the firm, and in response to the global urgency for reducing carbon emissions, Shanghai Electric is transitioning all segments of its business to a low-carbon format. This is achieved by enhancing the capacity of new power systems and equipment, and by developing an optimal combination of traditional and renewable energy sources in a move to support the development of a modern energy ecosystem. 

Liu Ping, the Director and President of Shanghai Electric Group Co., said at the forum that over the past 120 years, the firm has embarked on an innovative journey of empowering the world through efforts to expand its main businesses in pursuit of win-win cooperation and integrated development. 

"Throughout this journey, Shanghai Electric has evolved into a prime example of what can be done to pave the way for China to become a key provider of high-end equipment to the world. The evolution allowed the company to transition from being a major player in its space to one which represents in-country peers as they collectively seek to export world-class equipment and technologies," said Liu Ping. 

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