[Xuzhou City Rail Transit Combined Operation PPP Project Bidding]On June 30, 2022, Xuzhou Metro issued an announcement on the prequalification of the PPP project for the combined operation of urban rail transit in Xuzhou. Approved by the Xuzhou Municipal People's Government, the PPP project of Xuzhou urban rail transit combined operation shall be invested, operated and maintained by means of cooperation between the government and social capital. The project authorized the main body of the Xuzhou Municipal People's Government, the total investment of the project is about 14.3 billion yuan. Editor / Zhao E
On November 6, 2026, China's largest single-power flywheel energy storage project was connected to the grid at Huaneng Lanzhou Thermal Power Company, marking an important breakthrough in China's rapid frequency regulation technology for flywheel energy storage in thermal power bases. The 5 MW flywheel put into operation this time is currently the largest single-power flywheel in China. Its adjustment rate can reach 5 MW/s, its power storage can reach 1,250 kWh, its charge and discharge efficiency can reach over 85%, and its cycle life can reach tens of millions of times.Editor/Gong Ziwei
At the press conference of the "15th Five Year Plan" series held on November 6, 2026, it was learned that by 2030, the proportion of electricity in China's terminal energy consumption will increase to about 35%. In the field of transportation, the National Energy Administration will promote the construction of high-quality charging and swapping infrastructure layout, and build a charging infrastructure network with urban surface, highway line, and rural point layout. By 2030, the number of charging infrastructure will exceed 40 million, forming a charging service capacity that supports more than 110 million electric vehicles.Editor/Gong Ziwei