EDF Secures two new energy service contracts in China

EDF Chairman and Chief Executive, Jean-Bernard Lévy, signed two major energy service contracts. These agreements testify growing foothold of the EDF Group position on the Chinese market.

The first contract concluded with the municipality of Sanya (700,000 inhabitants in the province of Hainan in the south of the country) covers design, construction and operation for thirty years of the network of chilled water (for air conditioning) and sanitation hot water production stations. Based on high performance equipment combined with solar panels and a smart operating system, the network enables CO2 emissions to be reduced by 20% compared to the use of individual systems, i.e. up to 70,000 tonnes of CO2 less per year enabling supplying the tourist area under development.

Second contract with the town of Lingbao (750,000 inhabitants in the province of Henan in the centre of the country) to build and operate a 35-MW biomass cogeneration plant for 30 years. The facility will supply electricity and heating for around 25,000 homes in the town.

Jean-Bernard Lévy, the EDF Group Chairman and Chief Executive said “With the aim of reducing its energy intensity by 15% by the year 2020, China represents an energy service market with high potential. The two new contracts consolidate the Group position in China and fit in with our strategy CAP 2030, which plans to triple EDF activity abroad in countries with high growth by the year 2030”.

As far as EDF operations in China are concerned EDF presently operates in several sectors including Nuclear power, Renewable energies, energy services, fossil-fuel power plants.