India, July 4 -- China Petroleum and Chemical Corp. (SNPMF.OB,SNP) or Sinopec, in collaboration with Shandong Province and Qingdao Municipality, has successfully commenced operations of China's first commercial floating offshore photovoltaic (PV) project in a full-seawater environment. Integrated with its previously launched pile-based floating PV initiative, the facility now stands as Sinopec's largest floating PV power station, the company said.
The Project is set to generate 16.7 million kilowatt-hours of green electricity annually and reduce carbon emissions by 14,000 tons. It aims to promote floating photovoltaic projects in coastal and shallow sea areas within full-seawater environments.
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