[SPIC and Shandong Province signed a deepening agreement]On September 16, 2021, under the witness of Li Ganjie, Deputy Secretary of the Shandong Provincial Party Committee and Governor, Qian Zhimin, Chairman and Party Secretary of SPIC, Wang Shujian, Member of the Standing Committee of the Shandong Provincial Party Committee and Executive Vice Governor, and SPIC Director, Zu Bin, deputy secretary of the Party Group, signed an agreement to deepen strategic cooperation on behalf of both parties. According to the agreement, SPIC will, in accordance with the "Strategic Cooperation Agreement on Major Projects for the Conversion of Old and New Kinetic Energy in Shandong" signed with the People's Government of Shandong Province, on the basis of the good cooperation between the two parties, further deepen the innovation in nuclear energy technology, nuclear power equipment manufacturing, clean energy, etc. Cooperation in the field will help Shandong build a clean, low-carbon, safe and efficient new energy system, accelerate the realization of China’s "3060" goal, and contribute to the implementation of major projects for the conversion of new and old kinetic energy in Shandong and build a modern and powerful province in the new era. Editor/Xing Wentao
China Power Construction Corporation recently released an announcement on its main business operations for January 2026. According to the data, the company signed a total of 661 new projects in January 2026, with a total contract amount of 89.436 billion yuan. Among them, the energy and power business sector has performed outstandingly, with 428 newly signed projects and a total of 59.324 billion yuan in newly signed contracts. According to the announcement, the scope of energy and power business is extensive, covering hydropower, wind power, solar power generation, thermal power, new energy storage, nuclear power, power grid, as well as various types such as hydrogen energy, geothermal energy, ocean energy, biomass energy, etc.Editor/Yang Meiling
In order to promote the large-scale development of solar thermal power generation, the People's Government of Qinghai Province recently issued the "Several Measures for Promoting the Scale Development of Solar Thermal Power Generation in Qinghai Province". The document proposes to support incremental independent solar thermal projects included in the development and construction plan to independently conduct mechanism electricity price bidding one year before the prescribed completion deadline. The policy will comprehensively consider factors such as the comprehensive income of enterprises and the value of green electricity to set a reasonable upper limit for bidding, and set a lower limit for bidding based on the principle of not being lower than the project cost, with a starting lower limit of 0.55 yuan/kWh. The lower limit will moderately decrease year by year, with the goal of achieving comparable prices to coal-fired power by 2030.Editor/Yang Meiling