Solvay starts its first photovoltaic project in China

Zhenjiang, April 21, 2021 Solvay seals the deal with Engie China, to kick off our first solar power project in China —— Zhenjiang rooftop photovoltaic program. Leveraging this project, Solvay seeks to cut greenhouse gas emission, drive our sustainability plan Solvay One Planet and contribute to China’s carbon neutrality targets. Solvay Zhenjiang production site will make use of qualified rooftops of its warehouses to install over 9,000 square meter of photovoltaic panels and utilize the renewable solar electricity generated by the project for daily production, which is set to optimize its energy structure. The project has a designed solar power capacity of 891 KW. Scheduled to be completed in April 2022, it will help the site to cut emissions by 550 ton carbon dioxide equivalent per year. According to the deal, Engie China will take full responsibility for the investment, installation and maintenance of the panels, while Solvay will purchase the power. Solvay Greater China President Leo SUN says: “As Solvay’s first solar power project in China, the Zhenjiang rooftop photovoltaic program attaches extraordinary importance. It will serve as an inspiration and prototype for further energy transition projects at our operations across China. Following the Group’s sustainability plan, we will continue to reduce emissions and enable greener products for clients, while also contributing to China’s carbon neutrality goals.” According to Solvay One Planet, the Group’s sustainability plan launched in early 2020, Solvay aims at 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.