[Ethiopia announces plans for power projects in the next ten years] Recently, the Ethiopian Power Company plans to build 71 power projects in the next ten years, with a total of more than 40 billion U.S. dollars, including 24 wind power projects. Except for Phase 1 of Aisha Wind Power Project, other wind power projects are in the process of bidding. Editor/Sang Xiaomei
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  • 2026.02.25 08:55
  • [Shengyang Shares completes acquisition of 51% equity of Daren High Tech]
  • On February 24, 2026, Shandong Shengyang Power Co., Ltd. announced that the acquisition of 51% equity of Shenzhen Daren High tech Electronics Co., Ltd. has completed the industrial and commercial registration change, and Daren High tech has officially become its holding subsidiary. According to previous disclosures, Shengyang Corporation approved the proposal on December 31, 2025, to acquire relevant equity with its own funds of 74.470761 million yuan, and completed the agreement signing in January 2026.Editor/Yang Meiling
  • 2026.02.25 08:54
  • [Egypt approves Kemet Group's 2GWh energy storage project]
  • On February 23, 2026, the Egyptian government officially approved four large-scale renewable energy projects of Kemet, a large local integrated industrial group, including 2.72GW of photovoltaic and 2GWh of energy storage, expected to be completed by 2027. Kemet promises to implement localization plans to support the development of Egypt's local renewable energy equipment and materials industry. It is reported that on January 18, 2026, Chinese energy storage battery manufacturer Chu Neng New Energy signed a cooperation agreement with Kemet to build an energy storage battery factory in Egypt, further deepening cooperation between China and Egypt in the field of new energy.Editor/Yang Meiling
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