[Saudi Arabia to launch 93 utility infrastructure projects]Saudi Arabia has announced plans to launch 93 projects, mostly related to the development of the kingdom's utility infrastructure, with an investment of $2.26 billion. The projects are primarily aimed at boosting the region's environment, water and agricultural systems, according to senior government officials. They added that they will be implemented by the Brine Conversion Company, the National Water Company and the National Center for Vegetation Cover and Desertification Control in coordination with the Saudi Deputy Minister of Water. Editor/Xing Wentao
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
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