The project will help reach Solvay One Planet targets, while contributing to China’s carbon neutrality goals
Brussels, May 12, 2021 — Solvay has reached a deal with Engie China, to begin its first solar power project in Zhenjiang, China. Scheduled to be completed in April 2022, the project has a designed solar power capacity of 891 KW; it will cut the Zhenjiang site's emissions by 550 ton carbon dioxide equivalent per year.
Solvay will install over 9,000 square meters of photovoltaic panels on the qualified rooftops of the Zhenjiang production site and utilize the renewable solar electricity generated by the project for daily production. Engie China will take full responsibility for the investment, installation and maintenance of the panels, while Solvay will purchase the power.
“As Solvay’s first solar power project in China, the Zhenjiang rooftop photovoltaic program is a crucial step to achieve our sustainability ambitions. It will serve as an inspiration and prototype for further energy transition projects at our operations across China,” said Solvay Greater China President Leo Sun. “We will continue to reduce emissions and enable greener products for clients, while also contributing to China’s carbon neutrality goals.”
This project is in line with the company’s Solvay One Planet roadmap, which aims to double the rate at which we reduce emissions, with a target of curbing greenhouse gas emissions by 26% and aligning its trajectory with the “well below 2°C temperature increase” goal outlined in the 2015 Paris Agreement.
About Solvay
Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 23,000 employees in 64 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet roadmap crafted around three pillars: protecting the climate, preserving resources and fostering a better life. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world’s top three companies for the vast majority of its activities and delivered net sales of €9 billion in 2020. Solvay is listed on Euronext Brussels and Paris (SOLB), and in the United States, where its shares (SOLVY) are traded through a Level I ADR program. Learn more at www.solvay.com.
