[Yiwei Lithium Energy and Yunnan Yuxi Deploy Power Storage Batteries] Yiwei Lithium Energy plans to sign an investment agreement with the Management Committee of Yuxi High-tech Zone in Yunnan Province on the company's investment in the construction of a lithium battery production project in the Longquan area of ​​Yuxi High-tech Industrial Development Zone. The project plans to invest 3 billion yuan to build a 10GWh power storage battery project, of which 2.1 billion yuan will be invested in fixed assets. Editor/Xing Wentao
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  • 2026.06.05 09:22
  • [Western pumped storage power station enters main construction phase]
  • On June 3, 2026, the construction of the largest installed capacity pumped storage power station in western China, the Warang Pumped Storage Power Station, shifted from construction preparation to the main construction phase. The total investment of this project is 15.94 billion yuan, with a total installed capacity of 2.8 million kilowatts. It is planned to achieve the first unit power generation in September 2030 and fully connect to the grid for operation in December 2031.Editor/Gong Ziwei
  • 2026.06.04 15:05
  • [Yondr locks in power for European and American data centers]
  • Yondr Group, a global developer of ultra large scale data centers, has completed two new financing rounds, consisting of a global letter of credit instrument and a European holding company financing instrument, respectively used to lock in power capacity for European and American projects and reduce leverage on European platforms. The current power generation has become a core bottleneck in data center development, and the surge in demand for AI and cloud computing has intensified this competition. The two financing rounds were participated by multiple institutions such as French Foreign Trade Bank, BNP Paribas, and IFM Investors, providing capital ammunition for Yondr's continued expansion. Editor/Cheng Liting
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