Shanghai Electric: Strategic Certifications Bolster Its Influence in Emerging Markets

Shanghai Electric secures multiple certifications for key energy projects in Dubai, Oman, Bangladesh, and Malaysia, reinforcing its role in the energy strategies of emerging markets.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Shanghai Electric continues its international expansion by earning several certifications for projects in strategic regions, highlighting its alignment with global energy priorities. These distinctions, spanning both operational safety and environmental management, position the company as a key partner for governments and investors.

One of the most notable projects is Noor Energy 1, located in the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai. This 950 MW hybrid complex combining CSP (Concentrated Solar Power) and photovoltaic technology has enabled Shanghai Electric to complete 15 million hours of work without incident. This achievement is rooted in a strict risk management methodology and the integration of enhanced safety protocols, crucial for ensuring long-term operational viability.

A Leverage Point in the MENA Region

In the Gulf, Shanghai Electric also made strides in Oman, where the Manah-1 independent solar project recorded 3 million hours of work without accidents. In a region where energy infrastructure must be rapidly developed to meet rising demand, the company’s ability to maintain high standards under pressure plays a strategic role in its relations with local decision-makers.

Focus on South and Southeast Asia

In South Asia, Shanghai Electric gained recognition in Bangladesh through its 800 MW combined cycle power plant project, which achieved 5 million hours of accident-free work. This accomplishment aligns with the national objectives of modernizing energy infrastructure to keep pace with rapid urbanization.

In Malaysia, the company earned the annual excellence award in environmental management for its waste-to-energy project in Selangor. As the state’s first waste incineration plant, this project demonstrates Shanghai Electric’s ability to meet regulatory expectations while creating critical infrastructure.

Local Engagement to Strengthen Buy-In

In Pakistan’s Thar region, Shanghai Electric undertook community development initiatives, including support for local schools. These efforts allow the company to build sustainable ties with local populations, an often-essential strategy to secure operations in politically sensitive or economically marginalized areas.

Strategic Implications for Investors

These certifications and initiatives bolster Shanghai Electric’s credibility with governments and investors, particularly in emerging markets where public-private partnerships are rapidly expanding. With a diversified portfolio and a proven ability to meet international standards, the company positions itself as a key player in global energy transitions.

Veolia and TotalEnergies formalise a strategic partnership focused on water management, methane emission reduction and industrial waste recovery, without direct financial transaction.
North Atlantic and ExxonMobil have signed an agreement for the sale of ExxonMobil’s stake in Esso S.A.F., a transaction subject to regulatory approvals and financing agreements to be finalised by the end of 2025.
The Canadian pension fund takes a strategic minority stake in AlphaGen, a 11 GW U.S. power portfolio, to address rising electricity demand from data centres and artificial intelligence.
Minnesota’s public regulator has approved the $6.2bn acquisition of energy group Allete by BlackRock and the Canada Pension Plan, following adjustments aimed at addressing rate concerns.
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Phoenix Energy raised $54.08mn through a preferred stock offering now listed as PHXE.P on NYSE American, with an initial dividend scheduled for mid-October.
TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.
Occidental Petroleum is considering selling its chemical subsidiary OxyChem for $10bn, a transaction that forms part of its deleveraging strategy launched after several major acquisitions.
ABO Energy is assessing a shift to independent power production by operating its own renewable parks, signalling a major strategic move in a market that has become more favourable.
Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.
Mexican state-owned company Pemex confirmed the partial acceptance of bond securities under its debt repurchase offer, with a total allocation of $9.9bn, following strong oversubscription.
Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
Spruce Power launches an internal reorganisation aimed at reducing annual operating costs by $20mn, with the closure of its Denver office and a refocus on key initiatives to strengthen profitability.
TotalEnergies’ Board of Directors is adjusting its shareholder return strategy while consolidating its multi-energy growth and employee shareholding plan amid an uncertain energy and geopolitical landscape.
Fermi America has signed two letters of intent with Siemens Energy to supply an additional 1.1 GW of gas turbines and collaborate on nuclear steam turbines as part of its 11 GW private energy campus dedicated to artificial intelligence.