[South Korea SKE&S invests in REVRenewables to operate energy storage projects]On October 19, 2021, LS Power and SK E&S will establish a joint "strategic working group" to identify opportunities for clean energy technologies and services. South Korean natural gas company SKE&S will invest up to 400 million U.S. dollars in REVRenewables, a subsidiary of LSPower, which is mainly engaged in the development and operation of energy storage projects. Editor/Xing Wentao
The Dalat Mengxi 1000 kV AC transmission and transformation project has been approved by the National Development and Reform Commission. The project is scheduled to start construction in April 2026 and be put into operation in September 2027, with a total investment of 4.374 billion yuan. The project is a key supporting facility for the Mengxi Beijing Tianjin Hebei ultra-high voltage direct current project, which will enhance the power transmission capacity from Mengxi to the east and serve the clean energy consumption and coordinated development of the Beijing Tianjin Hebei region.Editor/Gao Xue
Indian solar manufacturer Saatvik Green Energy announced an investment of 2.51 billion rupees to build a photovoltaic module manufacturing plant in Odisha state. The investment was completed through a wholly-owned subsidiary, with funding sourced from the company's IPO last year. The local photovoltaic manufacturing capacity in India continues to improve, and the current ALMM certified module production capacity has exceeded 109GW.Editor/Gao Xue