[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
On November 6, 2026, China's largest single-power flywheel energy storage project was connected to the grid at Huaneng Lanzhou Thermal Power Company, marking an important breakthrough in China's rapid frequency regulation technology for flywheel energy storage in thermal power bases. The 5 MW flywheel put into operation this time is currently the largest single-power flywheel in China. Its adjustment rate can reach 5 MW/s, its power storage can reach 1,250 kWh, its charge and discharge efficiency can reach over 85%, and its cycle life can reach tens of millions of times.Editor/Gong Ziwei
At the press conference of the "15th Five Year Plan" series held on November 6, 2026, it was learned that by 2030, the proportion of electricity in China's terminal energy consumption will increase to about 35%. In the field of transportation, the National Energy Administration will promote the construction of high-quality charging and swapping infrastructure layout, and build a charging infrastructure network with urban surface, highway line, and rural point layout. By 2030, the number of charging infrastructure will exceed 40 million, forming a charging service capacity that supports more than 110 million electric vehicles.Editor/Gong Ziwei