[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao

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• 2026.07.08 16:10
• [Energy self balancing converter valve sets sail for installation in Guangdong]
• The core equipment of the Yangshan Island offshore converter station in Yangjiang set sail from Nantong, Jiangsu, heading towards the Yangjiang sea area in Guangdong. The world's first new type of converter valve with energy self balancing function has officially entered the offshore installation stage. This equipment is developed by Changzhou Borui Electric Power and will be applied to the world's largest offshore wind power direct current transmission project. The project is scheduled to be put into operation in October 2025 and can provide approximately 6 billion kilowatt hours of clean electricity to the Guangdong Hong Kong Macao Greater Bay Area annually, significantly reducing regional carbon emissions. Yes, it is equivalent to saving 1.74 million tons of standard coal and reducing carbon dioxide emissions by approximately 4.62 million tons. Editor/Cheng Liting

• 2026.07.08 16:09
• [The proportion of installed wind and solar power in Shandong has exceeded 50%]
• Recently, with the commissioning of the Huaneng Dezhou Xiaomiao Zhuang 30000 kW wind power project, the total installed capacity of wind and photovoltaic power in Shandong has reached 130.56 million kW, accounting for 50.18% of the province's total installed capacity of electricity, achieving a historic achievement of more than half of the installed capacity of wind and solar power. As a major industrial and energy consuming province, Shandong has previously achieved a new energy installed capacity surpassing coal-fired power. The proportion of wind and solar installed capacity has exceeded 50%, marking the continuous deepening of the local green and low-carbon transformation, which will inject solid green power support into industrial green upgrading. Editor/Cheng Liting