The first batch of BASF's integrated base in Guangdong will use 100% renewable energy power

BASF's Guangdong Integrated Base announced that its first batch of installations will use 100% renewable energy to supply its required electricity.

BASF's Guangdong Integrated Base announced that its first batch of installations will use 100% renewable energy to supply its required electricity.

In order to ensure the maximum use of the first batch of devices for renewable energy power, as early as the end of 2019 , BASF pioneered a new concept of direct trading of renewable energy, and joined hands with China Resources Power to actively promote the renewable energy power market in Guangdong Province The formulation of chemical trading policies.

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In the multi-party actively promote the Guangdong Provincial Development and Reform Commission in 2021 Nian 2 Yue 26 issued a "Guangdong Provincial Development and Reform Commission on the province embodiment of renewable energy power consumptive security (trial).

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The BASF Guangdong Integrated Base Project was announced in July 2018 and officially launched in November 2019 .
It will be BASF's largest overseas investment project to date, with an estimated total investment of approximately US$ 10 billion, and will be independently constructed and operated by BASF.
After completion, the base will become BASF's third-largest integrated production base in the world, second only to the bases in Ludwigshafen, Germany and Antwerp, Belgium.
The entire integrated base is expected to be completed in 2030 .