[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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  • 2026.07.15 16:42
  • [EU approves France's € 63 billion offshore wind power aid plan]
  • On July 13th, the European Commission officially approved France's 63 billion euro national aid plan to support 11 offshore wind farm projects with a total installed capacity of 11.1GW and an annual power generation of 47.8 billion kilowatt hours, accounting for 10.6% of France's annual electricity consumption. The implementation period of the plan is 25 years, using a two-way price difference contract mechanism to stabilize electricity price fluctuations, and allocating assistance qualifications through bidding. This plan is formulated based on the Clean Industry Agreement National Assistance Framework, and is being promoted simultaneously in the three major sea areas of the North Sea, Atlantic, and Mediterranean. Three of the wind farms will replace the support arrangements prior to August 2025. Editor/Cheng Liting
  • 2026.07.15 16:42
  • [Super Intelligent Computing 2606P Computing Center settles in Pingxiang, Guangxi]
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