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Foshan Chancheng LED Street Light Reconstruction Project

February 15, 2023

Taking the demonstration project of LED streetlight renovation in Chancheng District of Foshan City, Guangdong Province as an example, this demonstration project uses the high-power LED street light (tunnel light) to transform the 5659 street lamp in Chancheng District. The total investment of the project is 36 million yuan, divided into two. Period. The project was implemented in November 2008, and the second phase of the project was completed in December 2009, and the transformation was completed. In the first phase, the transformation of 926盏 high-pressure sodium lamp was completed; in the second phase, the transformation of 5434盏 high-pressure sodium lamp was completed, and the two-phase project actually completed the renovation of LED street lamp totaling 6360盏. This project adopts the diligent EMC mode, the specific operations are as follows:

1. Project intention determination: In 2008, the customer (government) and Qinshang formed the initial intention of LED street lighting transformation. The problem of the EMC mode application of the LED street lamp modification mentioned above has not been solved. The customer has reached an agreement with the customer. First, install the LED street lamp on the model road, and entrust a third-party professional organization to test the performance index and power saving rate of the LED street lamp. Calculate energy efficiency and confirm the results. Through the calculation of the power saving rate, the number and power of retrofit street lamps, the local electricity price and other comprehensive factors calculated by both parties, the power saving benefits formed after the project transformation are calculated.

2. Project establishment: On the basis of the customer's streetlight renovation plan and the data of third-party professional organizations, the feasibility analysis of the LED streetlight renovation project is carried out. The feasibility analysis includes technological advancement, reasonable lighting of streetlights, and project investment plan. The source of funds, the operation mechanism of the project, and the evaluation of the social and economic benefits of the project; after the two sides of the feasibility report are approved, the project is formally established, and the company further plans and designs the streetlight renovation project.

3. Project financing: on the basis of project funding needs, contact financial institutions, financial institutions to review the project feasibility report and customer financial payment capabilities, while on the production capacity, technical level quality assurance system, corporate financial strength, banks The credit status is assessed accordingly, and the project financing is determined. Then, the amount of financing and the repayment method are agreed by the diligent, client and financial institutions.

4. Contract signing: After obtaining basic agreement with financial institutions in all aspects, the client signs a project contract with Qinshang and signs a financing contract with the financial institution with the project contract. The client determines the amount of financing, the term of the contract, the method of repayment, and the proportion of the income of both parties based on the project funding needs and the estimated future energy saving revenue. The project adopts the equal repayment method, the contract period is six years, the starting date of energy-saving benefit sharing is the first month after the project acceptance is qualified, and the benefit sharing period is 6 years. The customers and EMC companies share according to the agreed ratio. The total energy-saving benefits of the year, the normal lighting gains.

5. Project implementation: The customer pays for the operation of the LED street lamp project, and the LED street lamp energy-saving renovation project begins construction, installation and commissioning. The project is completed on time and meets the project quality design standards.

6. After-sales service: After the LED street lamp is put into use, the company is responsible for street lamp maintenance work, and the customer is responsible for street lamp operation and energy-saving monitoring. Diligence on the product life to do 5 years of free replacement quality assurance commitment and insurance company underwriting, to ensure the interests of users and financial institutions.

7. Energy-saving revenue sharing: The customer will use the annual energy-saving income and the saved maintenance fee income as the total energy-saving income of the project. Customers and EMC companies share energy savings in proportion to the contract. (From "Semiconductor Lighting" magazine, 2010, Issue 4, edited by maysoong)

The above content is provided by WOSEN. WOSEN is a professional manufacturer and supplier of Led Flood Light, Led Street Light, Led Solar Light, etc. For more information, please visit https://www.wosenled.com/ or contact admin@wosenled.com or WhatsApp +86-13425434349


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