Yantai Fisend Bimetal Co., Ltd. is located in Muping Economic Development Zone of Yantai, covering an area of 80,000 m ² and having a building floor area of 20,000 m ². It is a joint-stock limited company with the main products of “copper-clad aluminum wire” and“copper-aluminum composite busbar”. Dongfang Electronics Co., Ltd. invested about RMB 11 million to design and install 2 MWP PV power station on the roofs of existing buildings of Fisend. The PV power station is connected to the grid following the principle of generating power for self-consumption by Fisend and feeding surplus power to grid.

• Project Overview

Installed capacity: 2000 KWp

Tariff of power based on de-sulfurized coal combustion: RMB 0.3949/kWh, settlement tariff: RMB 0.6/kWh, subsidized price: RMB 0.42/kWh

Grid connection date: December 2016

Installation and grid connection mode: rooftop, 10 kV grid connection

Annual power generation: 2.1 million kWh

Annual revenue: 2 million RMB

Self-consumption ratio: 64%

Payback period: 6 years

• Project Benefits

• Environmental benefits

Annually, 21,000 tons of standard coal are saved, dust emission is reduced by 14,280 tons, CO2 emission reduced by 52342.5 tons, SO2 emission reduced by 1,575 tons, and NOx emission reduced by 787.5 tons.

• Social benefits

Idle roofs are used to build PV power station, which can heat the roofs in winter and cool them in summer, thus prolonging the service life of the roofs.

• Economic Benefits

Total revenue: RMB 50 million for 25 years.