[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
According to data from market service agency Kepler, 24 oil tankers and cargo ships passed through the Strait of Hormuz on June 29th, indicating the continued recovery of shipping activities in this globally important energy transportation channel. 24 ships, including crude oil carriers and liquefied natural gas carriers, passed through the Strait of Hormuz on the same day. The data also shows that on June 30th, shipping activities in the strait further increased, with a giant oil tanker and several small ships entering the Persian Gulf, reflecting a rebound in confidence in the shipping market's navigation conditions in the region. Editor/Min Jing
On June 30, 2026, it was learned from the Guangzhou Maritime Safety Administration that the export volume of foreign trade vehicles at the Xinsha Port in Guangzhou increased by 169.7% year-on-year from January to June this year, with a year-on-year increase of 81.7% in the export volume of new energy vehicles. The scale of foreign trade vehicle exports continues to expand. Editor/Min Jing