[Lucid Motors to build first overseas production plant in Saudi Arabia]Lucid Motors said it will build a production plant in Saudi Arabia with an annual capacity of 155,000 zero-emission electric vehicles. The deals are estimated to give Lucid a total of up to $3.4 billion in funding and incentives over the next 15 years to build and operate manufacturing plants in the kingdom. AMP-2, which will be located in King Abdullah Economic City, is the first production facility outside the U.S. for a public investment fund-backed electric vehicle manufacturer, according to a statement. Editor/Xing Wentao
Recently, the excavation of the right bank dam shoulder of the main dam of the Taiyanggou Pumped Storage Power Station in Bayannur, Inner Mongolia has reached the design elevation, and the main construction of the reservoir has been fully launched. The storage capacity of the upper and lower reservoirs is considerable, and multiple supporting facilities are being promoted simultaneously. The project construction is steadily accelerating. Editor/Min Jing
Recently, the first 33 kV collection line of the 96.9 MW photovoltaic project in Vaira, Peru was successfully powered once. The live equipment is running stably, and the project has officially entered the live commissioning stage. After the completion of the project, the average annual power generation is expected to reach 250 million kilowatt hours, which can meet the annual electricity demand of about 230000 Peruvian households and reduce carbon dioxide emissions by about 150000 tons per year.Editor/Cheng Liting