Shanghai Electric to Showcase New Energy Innovation at Expo 2020 Dubai

PR82818

SHANGHAI, Feb. 10, 2020 /PRNewswire=KYODO JBN/ --

Shanghai Electric Group ("Shanghai Electric" or "the Company") has announced

that it is to join the Expo 2020 Dubai as the official partner of the China

Pavilion, scheduled to open on October 20th.

"We are proud to be part of the Expo 2020 Dubai. It is the fourth time for

Shanghai Electric to join the World Expo. Aptly named 'The Light of China', the

China pavilion and Shanghai Electric will team up to show the world the latest

technology and power solutions set to illuminate the future of energy

generation and consumption. It is also a significant step for the Company as we

continue to strengthen our global brand image," said Ms. Sun, Deputy director

of Corporate Culture Department of Shanghai Electric.

At present, Shanghai Electric has a range of mega-projects in the Belt and Road

region, including the 950MW Concentrated Solar Power (CSP) and PV solar power

project in Dubai. Once completed, the project is expected to provide clean

energy to over 270,000 families in the city, reducing the city's carbon dioxide

emissions by 1.6 million tons per year.

Zhang Shenfeng, Deputy Director, China Council for the Promotion of

International Trade, said that the 950MW project is a significant endeavor of

the Belt and Road Initiative and he is pleased to see Shanghai Electric join

the Expo as the representative of China's State-owned companies.

The China Pavilion at Expo 2020 Dubai will occupy 4,636 sqm and will be

designed to symbolize hope and a bright future. Visitors will be able to catch

a glimpse of cutting-edge innovations in IT, transportation, 5G and Artificial

Intelligence currently being developed in China.

About Shanghai Electric

Shanghai Electric Group Company Limited (SEHK: 2727, SSE: 601727) is

principally engaged in the design, manufacture and sale of power equipment and

industrial equipment. It focuses on new energy business, including the

manufacture and sale of wind turbine and components as well as nuclear power

equipment; clean energy business, including the manufacture and sale of thermal

power equipment, power transmission and distribution equipment; industrial

equipment, including the production and sale of elevators and motors; and

modern service industry, including the contracting of construction projects of

thermal power and power transmission and distribution projects, as well as

other businesses.

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SOURCE:Shanghai Electric

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