Shanghai Electric (officially Shanghai Electric Group Company Limited) is a Chinese multinational

power generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...

and electrical equipment manufacturing company headquartered in

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flow ...

. The company traces its roots to 1880. Shanghai Electric is engaged in the design, manufacture and sale of products including

equipment,

power transmission Power transmission is the movement of energy from its place of generation to a location where it is applied to perform useful work. Power is defined formally as units of energy per unit time. In SI units: :\text = \frac = \frac Since the develo ...

and

distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations * Probability distribution, the probability of a particular value or value range of a vari ...

equipment,

transformer A transformer is a passive component that transfers electrical energy from one electrical circuit to another circuit, or multiple circuits. A varying current in any coil of the transformer produces a varying magnetic flux in the transformer' ...

switchgear In an electric power system, a switchgear is composed of electrical disconnect switches, fuses or circuit breakers used to control, protect and isolate electrical equipment. Switchgear is used both to de-energize equipment to allow work to be ...

circuit breaker A circuit breaker is an electrical safety device designed to protect an electrical circuit from damage caused by an overcurrent or short circuit. Its basic function is to interrupt current flow to protect equipment and to prevent the risk ...

s, transport equipment, machine tools,

elevator An elevator or lift is a wire rope, cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or deck (building), decks of a building, watercraft, ...

packaging Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a co ...

and print machinery, and environmental protection equipment. It is the world's largest manufacturer of steam turbines.

History

Shanghai Electric has a long history and one of its subsidiaries was established before 1880. Shanghai Electric has achieved a number of breakthroughs since 1949, including the first 6,000 kW fossil-fueled power generating unit, the first cooling gas turbine generator in the world, the first ten-thousand water pressing machine in China, the first 300 MW

nuclear power Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced b ...

generating unit in China, the first large ship-use crankshaft in China, and the first 1,000 MW ultra super-critical fossil-fueled power generating units in China. On April 28, 2005, Shanghai Electric listed on the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

. On December 5, 2008, the group was listed on the

Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...

. In October 2010, Shanghai Electric and

Reliance Power Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group. It was established to develop, construct, operate and maintain power projects in the Indian and internat ...

of India signed a US$8.3 billion agreement for Shanghai Electric to supply 36 coal-fired thermal power generation units to Reliance over the subsequent three years. In April 2011 Shanghai Electric and

Alstom Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia ...

agreed to combine their power plant boiler divisions into a new joint-venture company called Alstom-Shanghai Electric Boilers Co. In June 2011, Shanghai Electric announced plans to invest RMB 1 billion in a joint venture with Shanghai Municipal Electric Power Company, with each to hold a 50% stake. In September 2011, Shanghai Electric signed a cooperation agreement with CESC to collaborate on the construction of coal-based power stations in India.

Corporate affairs

Shanghai Electric has several A share listed subsidiaries, including Shanghai Mechanical & Electrical Industry co., Ltd., and has over 50 joint-ventures, including Shanghai Mitsubishi Elevator Co., Ltd., a joint venture with

Mitsubishi The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 ...

. Shanghai Electric has a strategy to assist in the improvement of the China's overall competitiveness through the achievement of three major objectives: "core business concentration, self-mastered innovation and global resource consolidation". The company also intends to develop its "Shanghai Electric" brand into a universal brand.

Products

Shanghai Electric is engaged in the design, manufacture and sale of products including

equipment,

wind turbines A wind turbine is a device that converts the kinetic energy of wind into electrical energy. Hundreds of thousands of large turbines, in installations known as wind farms, now generate over 650 gigawatts of power, with 60 GW added each year. Wi ...

and

equipment,

s, transport equipment, machine tools,

and print machinery and environmental protection equipment. Shanghai Electric offers

turnkey A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds ...

systems and service for

power plants A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many pow ...

Subsidiaries

Shanghai Electric Wind Energy Co., Ltd. is a wind turbine manufacturing company. * In 2006 they bought the license to produce DeWind 1.25 megawatts (MW) D6 wind turbines. * Since 2009 Shanghai Electric Wind is producing a 2MW wind turbine (development by aerodyn Energiesysteme GmbH) * SEWIND developed a 3.6MW offshore turbine (2010) * In 2009 Siemens and Shanghai Electric intend to set up two new joint ventures to form a strategic alliance for the Chinese wind power market. * They developed a 5.0MW offshore turbine (2012)

References

External links

Shanghai Electric Group Company LimitedElectrical Power Transformers companyStep Down Transformers suppliersStep Down Transformers suppliers
{{authority control Companies listed on the Hong Kong Stock Exchange Companies listed on the Shanghai Stock Exchange Companies in the CSI 100 Index Government-owned companies of China Manufacturing companies of China Companies based in Shanghai Manufacturing companies established in 2004 Chinese companies established in 2004 Electrical engineering companies of China H shares Chinese brands