[Three Gorges Group and Zheneng Joint Venture to Establish Pumped Storage Company]On June 21, 2022, Zhejiang Songyang Pumped Storage Co., Ltd. was established with a registered capital of 1.6 billion yuan. Its business scope includes hydropower generation, tap water production and supply, scenic spot management, energy storage technology services, etc. The company is jointly held by China Three Gorges Construction Engineering Co., Ltd. and Zhejiang Zheneng Green Energy Power Development Co., Ltd. Editor / Zhao E
The large-scale EPCI contract in the field of marine engineering has been officially announced, with a maximum contract amount of up to 1 billion US dollars, which is a recent heavyweight order in the marine engineering sector. The project covers the entire chain of design, procurement, construction, and installation, focusing on the construction of facilities related to marine energy development. It will be led and implemented by enterprises with top-notch marine engineering capabilities, helping to efficiently develop marine resources, demonstrating the recovery and improvement of the marine industry, and laying a solid foundation for related enterprises to expand into the high-end marine engineering market.Editor/Bian Wenjun
Yongxing Materials has invested 300 million yuan to fully establish a mining enterprise, increasing its upstream mineral layout in new energy and expanding its territory in the new energy field. The new mining enterprise will consolidate the company's self-sufficiency advantage in lithium resources, complement the existing lithium mica extraction capacity, optimize the synergy of the entire mining, beneficiation, and metallurgy industry chain, and help reduce costs and increase efficiency. This move deepens the company's dual main business strategy of "special steel+lithium battery", enhances core competitiveness, and lays a solid resource foundation for the subsequent release of production capacity.Editor/Bian Wenjun