[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
TBEA has independently developed the first prototype of ultra-high voltage high impedance AC transformer in the manufacturing industry, and multiple parties have witnessed its one-time passing of all testing and trials. The product can suppress short-circuit current in the power grid, save equipment renovation investment, and comprehensively improve the safety and stability of power grid operation. Editor/Min Jing
The Zanaojin Natural Gas Processing Plant in Mangystau Oblast, Kazakhstan has invested 216 billion tenge in steady construction, with over 90% of the pending equipment produced in China and a manufacturing completion rate of 48.3%. The project will be put into operation in 2027, with both new and old gas plants operating simultaneously to expand local natural gas deep processing capacity. Editor/Min Jing