[SPIC and CREC sign strategic cooperation agreement]On June 29, 2022, a strategic cooperation agreement was signed with SPIC at CREC. The two parties will conduct all-round cooperation in the fields of joint scientific and technological innovation, cooperative development of clean energy, smart energy buildings, comprehensive replacement of green energy, utilization of resources and space, and market development at home and abroad. Editor/Ma Xue
On May 16, 2026, the stator of the variable speed pumped storage unit of the Langjiang Pumped Storage Project in Zhaoqing, Guangdong was successfully lifted, weighing about 380 tons, marking the start of electrical installation for the first domestically produced large-scale variable speed pumped storage unit, which can promote the efficient consumption of new energy.Editor/Gao Xue
In May 2026, Sinopec Puyang Shengyuan proposed at the Ashgabat Business Forum to build a large-scale natural gas processing complex in Turkmenistan, covering the production of methanol, polyethylene, and polypropylene, with an annual production capacity of 1.8 million tons, aiming to increase the added value of natural gas and create employment.Editor/Gao Xue