[The first pumped storage power station project in Xiaoshan, Hangzhou]On June 30, Xiaoshan District People's Government, Zhejiang Electric Power Industry Corporation and China Power Construction Group East China Survey and Design Research Institute Co., Ltd. jointly signed the "Xiaoshan Daolinshan Pumped Storage Power Station Project Preliminary Development Entrustment Agreement", marking the project's acceptance. The regulatory work has been fully started. Editor / Xu Shengpeng
According to the binding term sheet signed by both parties, Waaree's $30 million investment will be specifically used for the completion and operation of the United Solar Oman manufacturing plant, and the transaction is expected to be completed and delivered on January 31, 2026. The planned factory is designed to have an annual production capacity of 100000 tons of polycrystalline silicon, which can support the production demand of 40 gigawatts of solar modules per year. After being put into operation, it will become a globally leading polycrystalline silicon manufacturing base with outstanding cost competitiveness.Editor/Bian Wenjun
Chinese companies have once again reported good news in the Saudi photovoltaic market, with companies such as Shangneng Electric and China Energy Construction winning heavyweight orders. Among them, Shangneng Electric won the Saudi PIF Phase 6 4GW photovoltaic inverter order, and China Energy Alliance won the bid for the $300 million Saudi Muta 600MW photovoltaic project. This series of collaborations has become an important footnote for China Saudi Arabia to implement the "2030 Vision".Editor/Bian Wenjun