[Germany and Qatar sign energy deal]Germany signed an energy deal with Qatar to import liquefied gas and jointly develop hydrogen fuel as Europe's largest economies race to ease energy pressure from Russia. The partnership was signed during a visit by Qatari Emir Sheikh Tamim Al Thani to Berlin to meet Prime Minister Olaf Schultz and other officials. The four-page statement envisages Qatari gas exports to Germany, as well as collaboration between scientists from the two countries on hydrogen, energy efficiency and renewable energy. But no date has been given for the first LNG supply. Editor/Xing Wentao
On February 5th, the 500 kV substation in Rushan, Shandong was officially completed and put into operation, which will strongly support the large-scale grid connection and efficient consumption of new energy such as wind power and photovoltaics in the Jiaodong Peninsula. This project is the first 500 kV substation to be put into operation during the 15th Five Year Plan period of Shandong Power Grid. Its operation further improves the backbone network of Shandong Power Grid, enhances regional power supply reliability and clean energy transmission capacity.Editor/Yang Meiling
On February 5th, the China Machinery Industry Federation released data showing that the added value of enterprises above designated size in the machinery industry will increase by 8.2% year-on-year in 2025, with a growth rate higher than that of the national industrial and manufacturing industries. The annual automobile production and sales have remained the world's top for 17 consecutive years, with industrial robot production increasing by 28% to 773000 sets. The industry's revenue has exceeded 33 trillion yuan, with a total profit of 1.7 trillion yuan. By the end of 2025, the number of specialized, refined, and new enterprises in the mechanical industry will account for over 30% of the national total. It is expected that the industry will maintain stable operation in 2026, with a main indicator growth rate of about 5.5%.Editor/Yang Meiling