Power company Yudean goes increasingly green
By Zhan Ji (China Daily)
2010-11-13 11:10
As the nation increasingly promotes a low-carbon economy, power generator Guangdong Yudean Group Co Ltd is expanding its involvement in nuclear energy.
Its latest moves include an agreement with China Guangdong Nuclear Power Holding Corp and Hong Kong's CLP Holdings Ltd to jointly invest in a nuclear power project in the city of Yangjiang.
It also signed an agreement with China Guangdong Nuclear Power to co-invest in a nuclear power project in the city of Taishan.
Both projects are expected to enhance electrical supplies and improve the environment in the Pearl River Delta region.
"Yudean Group is dedicated to the development of clean, renewable and new energies," said Pan Li, chairman of Yudean Group. "The company has diverse projects ranging from solar power, wind power, hydropower, natural gas and nuclear power in addition to traditional coal-fired power plants."
Its project in the county of Huilai in Guangdong is China's first wind power generation project with installed capacity surpassing 100 megawatts.
It also has a wind power installation in the county of Xuwen, as well as liquefied natural gas plants in Shenzhen and Huizhou in the Pearl River Delta region.
Its wind and natural gas facilities qualify as CDM - clean development mechanism - projects under the UN-approved carbon trading program.
"That means Yudean's contribution to UN efforts to decelerate the global warming has international acceptance," he said.
The power generation enterprise has also joined with South China University of Technology to establish the province's largest photovoltaic power plant in Guangzhou.
Built at a cost of 90 million yuan, the project is expected to have a total installed capacity of 5 megawatts when in full operation.
It is also building China's largest biomass power project in Guangdong.
As well, the chairman said Yudean Group is advancing desulfurization at coal-fired plants under its Blue Sky program.
The initial phase of the Blue Sky initiative, which took six years from 2002 to complete, required an investment of 2.6 billion yuan to upgrade 32 existing coal-fired power generating units with combined capacity of 11.87 gigawatts.
It is expected to reduce sulfur dioxide emissions by 280,000 tons annually.
Smoke and dust from coal-fired power plants has been reduced by over 20 percent, while water pollution has been brought to nearly zero.