SEP(SH:600021) Xin Lang Cai Jing·2025-09-09 12:25Core Viewpoint - The company has approved the investment decision for the Fengxian No. 1 offshore photovoltaic project, marking a significant step in renewable energy development in Shanghai [1] Group 1: Project Details - The Fengxian No. 1 offshore photovoltaic project is located in the sea area of Fengxian District, Shanghai, with an installed capacity of 500,000 kilowatts [1] - This project is part of the first batch of offshore photovoltaic pilot projects in Shanghai [1] Group 2: Financial Aspects - The total investment for the project is capped at 3.78 billion yuan, with the company's wholly-owned subsidiary, Shanghai Electric Green Energy Co., Ltd., responsible for its implementation [1] - The equity capital required for the project is 20% of the total planned investment, while the remaining portion will be financed through loans [1]