[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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• 2026.03.13 11:33
• [Colin Electric and Intelligent Interconnection Reached Strategic Cooperation]
• Colin Electric and Intelligent Communication Technology Co., Ltd. recently signed a strategic cooperation and mutual procurement framework agreement in Colin Industrial Park, Shijiazhuang. Both parties announced that they will carry out in-depth cooperation around AI high-precision sensing products, charging piles, and new energy products, integrate their respective technology and market advantages, and jointly explore the global new energy market. Liu Guojun, General Manager of Colin Electric's Intelligent Electricity Business Unit, and Zhang Dong, General Manager of the New Energy Business Unit, attended the signing ceremony.Editor/Yang Meiling

• 2026.03.13 11:32
• [CEE6.9 billion centralized procurement and energy storage battery cells]
• China Electric Equipment Group recently launched a large-scale centralized procurement of energy storage batteries. The product purchased this time is 314 ampere hour lithium iron phosphate battery cells, with an estimated total purchase of approximately 19.80 gigawatt hours and a purchase amount of approximately 6.9 billion yuan. Based on this calculation, the purchase price of battery cells is approximately 0.3484 yuan/watt hour.Editor/Yang Meiling