[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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• 2026.06.05 15:25
• [The main project of Hubei Songzi Pumped Storage Power Station has started construction]
• Recently, the main project of Hubei Songzi Pumped Storage Power Station, which China Energy Engineering Gezhouba Group participated in, started construction. The power station is located in Songzi City, Jingzhou, with a total installed capacity of 1200 megawatts, and belongs to the first-class large (1) type project. Gezhouba Group undertakes the construction of the upper reservoir and the installation of metal structures, with a contract amount of 712 million yuan and a construction period of 48.5 months. After the completion of the power station, it will undertake tasks such as peak shaving, valley filling, energy storage, and frequency regulation, which is of great significance for ensuring the safety of the power grid and supporting the consumption of new energy.Editor/Cheng Liting

• 2026.06.05 15:24
• [Guangzhou Eastern Central Energy Storage Power Station starts construction]
• On June 1, 2026, the Guangzhou Eastern Center Intelligent Fusion New Energy Storage Industry Demonstration Project invested and constructed by Zengtou Energy Company, a subsidiary of Zengcheng Urban Investment Group, officially started construction. The total investment of the project is nearly 467 million yuan, and a new 150MW/300MWh electrochemical independent energy storage power station will be built. It will adopt lithium iron phosphate battery technology and be connected to the power grid at 110kV, with the functions of peak shaving, frequency regulation, and promoting the consumption of new energy. The project is supported by a comprehensive operation and maintenance building, an electrical building, and auxiliary facilities such as fire protection, and is promoted through an integrated construction and operation model.Editor/Cheng Liting