On August 25, the Shanghai Development and Reform Commission announced the results of the competitive allocation of offshore photovoltaic in Shanghai in 2025.
Shenneng, Shanghai Electric Power, Datang Group and Three Gorges Group have obtained the construction rights of 650,000 kilowatts, 700,000 kilowatts, 199,800 kilowatts and 553,500 kilowatts respectively, with a total scale of 2,103,300 kilowatts.
Prior to this, Shanghai has launched the "wind and solar" offshore photovoltaic competition for two consecutive years, with a scale ceiling of 3.5G W in 2024 and 2.7 G W in 2025. In
the 2024 project, Shenneng shares and Shanghai Electric Power won 499,500 kilowatts and 500,000 kilowatts respectively.