[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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• 2026.06.01 11:07
• [South Africa bets $1.35 billion on LNG]
• The South African National Ports Authority has signed a 25 year terminal operation agreement with Ukwanda LNG to construct an onshore LNG regasification facility at the Ngula Port, with a total investment of approximately 22 billion rand, including 2 billion rand dedicated LNG berths, with the goal of full operation by 2035. This project is a core component of South Africa's Fair Energy Transition Plan, which will support a 3 GW natural gas power generation quota to supply gas to the Koka Special Economic Zone. It is expected to produce approximately 3.5 GW of electricity, create over 500 jobs during the construction period, and provide 50 permanent jobs upon completion. Editor/Cheng Liting

• 2026.06.01 11:06
• [Tender for 10MW Optical Storage at Kipsi Mine in the Democratic Republic of Congo]
• Recently, the Kipsi mine in the Democratic Republic of Congo launched a tender for 10MW photovoltaic+200MWh energy storage, jointly promoted by Ivanhoe Mines and Congo National Mining Corporation, with plans to put it into operation by the end of 2027. This century old zinc mine will resume production in November 2024, with output soaring from 20000 tons to 203000 tons by 2025, with a target of 290000 tons by 2026. At present, mines rely on hydropower, and light storage projects will promote their transformation towards green and low-cost operations. Editor/Cheng Liting