[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

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• 2026.03.06 10:39
• [Announcement of Winning Bid for Ningxia Photovoltaic Storage Project]
• Recently, the bidding candidates for the procurement of energy storage system equipment for the 2026 stock photovoltaic power supply side energy storage project in Ningxia were announced. Xuchang Xuji Electric Energy Storage Technology Co., Ltd. ranks as the first candidate for winning the bid with a total quotation of approximately 35.7715 million yuan, equivalent to a unit price of approximately 0.745 yuan/watt hour. TBEA Xinjiang New Energy Co., Ltd. and Beijing Tiancheng Tongchuang Electric Co., Ltd. ranked second and third respectively, with quotations of approximately 33.5448 million yuan and 32.6424 million yuan, corresponding to unit prices of approximately 0.697 yuan/watt hour and 0.68 yuan/watt hour, respectively.Editor/Yang Meiling

• 2026.03.06 10:39
• [Xiehe New Energy and Bain Capital join hands to explore hydrogen energy solutions]
• Recently, Xiehe New Energy Group signed a memorandum of understanding with Bridge Data Centers, a subsidiary of Bain Capital, in Singapore. According to the agreement, both parties will jointly explore diversified energy supply solutions that integrate renewable energy and hydrogen energy globally to support the low-carbon transformation of data centers. The focus of cooperation includes researching hydrogen power generation technology paths, conducting system integration design, evaluating energy storage deployment, and optimizing power procurement mechanisms. Among them, the plan is to launch Singapore's first barge based hydrogen power generation solution specifically designed for AI digital infrastructure.Editor/Yang Meiling