2021-09-23

Aden Energies delivers end-to-end solar energy for Autoliv China’s Nantong Plant

Aden energies provides a turn-key green financing, installation and long-term operation solution of renewable energy assets for the worldwide leader in automotive safety at their production facility in Jiangsu, helping them take an important step in reducing carbon emissions.

Aden Energies has announced to invest, build and operate a photovoltaic solar energy project at the Autoliv China production plant in Nantong, Jiangsu. The installation will generate an estimated 1 million kWh of clean energy annually for 20 years.

Over the asset lifecycle, the plant will significantly reduce its carbon impact and total emissions. The 1MW photovoltaic system will save nearly 306 tons of standard coal burning every year and reduce nearly 792 tons of carbon dioxide emissions. The long-term application will make a huge contribution to reducing pollutant emissions.

On top of financing and installation, Aden Energies will operate and maintain the project over its entire two-decade lifecycle.

Project installation overview

The solar panel project will span a building period of four months and an installation period of one month. Over that period, Aden Energies will oversee the installation of around 2,600 panels on the plant’s rooftop. Additionally, the work will cover:

1. Workshop roof structure check: a professional architectural design inspection will be carried out to check the plant structure. If the structure does not meet the load requirements, the plant structure will be reinforced.
2. Photovoltaic wiring “invisible” management: without destroying the appearance and structure of the original building, the cable well is bored in from the lower end of the parapet wall for “invisible” wiring.
3. Power distribution room location and safety considerations: the power distribution room will use standard box transformers, one group with a footprint of no more than 80 square meters (including protection sign fence).
   

Aden Energies’ Fulvio Bartolucci stated, “Aden Energies has always believed that energy efficiency management and decentralized renewable power infrastructure are the keys to sustainable development. Aden Energies is at the forefront of end-to-end Energy as a Service projects that integrate financing, installation, operation and technology together for unprecedented carbon reductions, control and transparency of energy use. We will continue to devote ourselves to assisting businesses in Asia transition to clean energy and assist them on their journey to reaching a net-zero carbon future while reducing costs for our partners.”

With last years’ introduction of the national 2030 carbon peak and 2060 carbon neutrality initiatives, the market’s demand for clean energy is increasing. With turn-key renewable energy projects, businesses can accelerate their decarbonization efforts at a net financial gain. Aden Energies is proud to help clients like Autoliv in their clean energy transformation.

About Aden Energies

Aden Energies is a B2B energy efficiency and renewable energy solutions provider, dedicated to accelerating clean energy transitions in China. Aden Energies uses smart technology to link all energy-using assets into a centralized digital management platform to give building and business owners unprecedented transparency and control of the way they use energy. The company is a joint venture between Aden Group, Total-Eren and Eren Groupe, created with the vision to transform energy use for industrial, commercial and municipal clients.

About Autoliv

Autoliv, Inc. is the worldwide leader in vehicle safety systems, and through our subsidiaries we develop, manufacture and market protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. In 2020, our products saved over 33,000 lives and prevented ten times as many severe injuries.

Our more than 68,000 associates in 27 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We have 14 technical centers, with 20 test tracks. Sales in 2020 amounted to US $ 7,447 million. The shares are listed on the New York Stock Exchange (NYSE: ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information go to www.autoliv.com.

Contact:

Frank Rogers

+86 159 0095 8374

connect@adenenergies.com