[Votorantim and CPP Investments form a renewable energy group]Brazilian investment company Votorantim and the Canadian Pension Plan Investment Commission (CPPInvestments) will integrate their energy assets in Brazil. The two companies will create a comprehensive renewable energy company with an installed capacity of 3.3GW. As of June 30, the combined entity will achieve net income of 5.8 billion Brazilian reals (1.05 billion U.S. dollars). Its diversified energy portfolio will include 2.3GW of hydropower capacity and 1GW of wind power asset capacity, as well as 0.6GW of operating capacity. Editor/Xing Wentao
Saudi Arabia's Hafei Company has signed a 760MW photovoltaic plus 1077MWh energy storage purchase agreement with Syrian Electricity Company, with a term of 20 to 25 years and a starting price of 3 cents per kilowatt hour. It has also signed technical cooperation agreements with Saudi Electricity Company and Siemens Energy.Editor/Gao Xue
On August 18, 2026, Ambassador to the United Arab Emirates Zeng Jixin paid a visit to the Director General of the Abu Dhabi Press Club, Faisal. The two sides exchanged views on deepening media cooperation between the two countries and promoting comprehensive and objective understanding of China Arab relations among all sectors.Editor/Gao Xue