[UK grid to spend £20.9bn to achieve net zero emissions]The UK power network operator will have a £20.9bn budget to expand the grid to connect millions of electric vehicles, smart systems and small renewable energy projects over the next five years. The budget will be used for service, maintenance, upgrades and repairs by six UK distribution network companies from April 2023, and has been approved by regulator Ofgem. The plan, which includes tree-cutting, flood protection and other energy security measures, aims to improve the resilience of the UK's 800,000km of overhead and underground transmission lines to deal with more severe weather events in the future. Editor/Xing Wentao
China Fufeng Group Shengtai Biotechnology is constructing the largest amino acid production project in Central Asia in the Jiangbu'er Oblast of Kazakhstan, with a total investment of 1.5 billion US dollars, and settling in the Silk Road Economic Zone. The first phase of the project has been completed, achieving a breakthrough in the production technology of essential amino acids in Central Asia. After reaching production capacity, the annual processing of corn is 3 million tons, providing more than a thousand job opportunities, and the products are exported to many countries. This project relies on local corn resources to fill the technological gap of high value-added products, help upgrade the manufacturing industry in Kazakhstan, create a cross-border industrial chain, and become a landmark project for China Kazakhstan capacity cooperation.Editor/Gong Ziwei
Recently, Tang Yuhua, Chairman of POWERCHINA INTL, met with Singapore's Shengyu Group CEO Qiao Quansheng and his delegation to exchange ideas on global cooperation in the fields of energy, electricity, and infrastructure. Tang Yuhua introduced the company's international business and the "15th Five Year Plan", affirmed the other party's advantages, and hoped to deepen cooperation to achieve win-win results. Qiao Quansheng expressed the importance of strategic cooperation between the two sides, and is willing to leverage the advantages of planning, design, and project management to expand cooperation in energy, water, transportation, and other fields, and jointly promote global infrastructure construction.Editor/Gong Ziwei