[MENA to add 50GW of utility-scale solar by 2030]The MENA country plans to add 49.5GW of installed utility-scale solar capacity by 2030. With more than 30GW of development or construction projects announced between Oman, Morocco and Kuwait, these jurisdictions will lead the region in utility-scale solar PV this decade. All announced solar and wind projects will add more than five times the current renewable energy capacity in the MENA region, with utility-scale solar capacity currently standing at 7.4GW. In addition, Oman also plans to build a 12.5GW solar photovoltaic project, which will be operational by 2038. Editor/Xing Wentao
On November 5, 2026, Unit 1 of Qinghai Huadian Golmud Phase I Thermal Power Project, the highest altitude ultra supercritical thermal power project in China, successfully completed a 168 hour trial operation and officially entered commercial operation. The project is located in Golmud City, Haixi Prefecture, Qinghai Province, with an average altitude of about 2850 meters. It will construct two 660MW ultra supercritical indirect air-cooled condensing thermal power units. Editor/Cheng Liting
Maersk announced its third quarter financial report for 2026 on November 5th, with revenue of $18.1 billion, a year-on-year increase of 27%; The profit before interest, tax, depreciation, and amortization was $4.7 billion, and the profit before interest, tax, depreciation, and amortization was $3.3 billion, both higher than the same period last year and the second quarter of this year. Maersk stated that, against the backdrop of maintaining trade resilience and limited capacity due to congestion, the company has achieved revenue growth and significant profit growth by leveraging its strong execution capabilities in business and operations while helping customers cope with ongoing supply chain challenges. Editor/Cheng Liting