SEP(SH:600021) 智通财经网·2025-09-09 12:32Core Viewpoint - Shanghai Electric (600021.SH) has approved investment decisions for two renewable energy projects, including the Fengxian No. 1 offshore photovoltaic project and the Heilongjiang Mudanjiang 400,000 kW wind power project, with total investments not exceeding 3.78 billion yuan and 2.261 billion yuan respectively [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 kW, making it one of the first pilot offshore photovoltaic projects in Shanghai [1] - The project will be implemented by Shanghai Electric Green Energy Co., Ltd., a wholly-owned subsidiary of the company, with a dynamic total investment not exceeding 3.78 billion yuan, where the capital contribution is planned to be 20% of the total investment, with the remaining portion financed through loans [1] - The Heilongjiang Mudanjiang 400,000 kW wind power project will be executed by Xinjiang Zhenyuan New Energy Co., Ltd., another wholly-owned subsidiary, with a dynamic total investment not exceeding 2.261 billion yuan, also structured with 20% capital contribution and the rest financed through loans [1]