CDM Concessional Loan Granted to Sunland Waigaoqiao Business District Cooling and Heating Project

The Management Center approved a clean development concessional loan to finance Sunland Waigaoqiao Business District Cooling and Heating Project run by Shanghai Sunland Waigaoqiao Energy Service Co., Ltd. on January 29,2018. This is the first project approved by the Management Center since its market-oriented concessional loan system went into effect. The project is guaranteed by Shanghai Shenergy Group Finance Co., Ltd. The concessional loan to the project is RMB 30 million yuan and it can lever private capital of RMB 213.36 million yuan. It is estimated to reduce carbon emissions by 11,782 tCO₂e annually.

The district energy system refers to a system that integrates heating, cooling, power supply and solutions to energy demands in the district. It is more energy efficient and more environment friendly than separate cooling and heating. Shanghai Sunland Waigaoqiao Business District is an international commercial zone that boasts favorable environment, cultural atmosphere and business facilities. A district-wide energy system can reduce energy consumption and pollutants effectively. The project mainly includes building an energy center, a pipe network and steam connection pipes. By using the steam double-effect lithium bromide absorption refrigerating sets, the ice storage technology, the electronic refrigeration units and so on, it can form the coupling cooling and heating system that integrates multiple forms of energy including the waste heat, natural gas, electricity and ice storage in the power plant, so as to improve energy efficiency and thus reducing greenhouse gas emissions.

From :

Author: Page Views : 252