[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
On May 12, 2026, the first inter provincial point-to-point green power transaction for Guangdong data center cluster was officially completed. Wind and solar new energy from Yunnan, Guangxi and other places will be transported to Guangdong and Hainan, with a focus on ensuring the green electricity consumption needs of power users such as data centers and foreign trade enterprises, and promoting the optimization of regional green energy resources to a higher level.Editor/Gong Ziwei
The national carbon emission trading market launched online trading on July 16, 2021. The latest transaction data shows that as of May 12, 2026, the cumulative transaction volume of CEA in China has exceeded 896 million tons, with a cumulative transaction volume exceeding 60 billion yuan.Editor/Gong Ziwei