Yantai Dongfang Energy Technology Co., Ltd. and Yantai Public Transport Group Co., Ltd. jointly invest and construct distributed PV + charging pile public transport stations. An electric vehicle parking and charging area sized about 2502 m2 is provided in the High-tech zone bus station yard. At present, the charger station sheds are used to construct 400 kWp distributed photovoltaic system. About 1,500 PV panels are arranged on each shed roof with a total investment of RMB 3 million. The PV capacity is about 400 kWp and the annual power generation is about 450,000 kWh.

• Project Overview

Installed capacity: 400 KWp

Tariff of power based on de-sulfurized coal combustion: RMB 0.3949/kWh, settlement tariff: RMB 0.72/kwh, subsidized price: RMB 0.42/kWh

Date of grid connection: August 2016

 Installation and grid connection mode: vehicle shed, 400 V grid connection

Annual power generation: 450,000 kWh

 Annual revenue: RMB 454,500

Self-consumption ratio: 60%

Payback period: 6 years

• Project Benefits

• Environmental benefits

Annually, 4,500 tons of standard coal are saved, dust emission is reduced by 3,060 tons, CO2 emission reduced by 11,216.25 tons, SO2 emission reduced by 337.5 tons, and NOx emission reduced by 168.75 tons.

• Social benefits

Photovoltaic sheds can not only shade the vehicles from sunshine and weather, but also bring benefits to power generation, achieving both social and environmental benefits.

• Economic Benefits

Total revenue: RMB 11.36 million for 25 years.