[TRSDC signs first $400 million joint venture with Al Mutlaq Group] Red Sea Development Corporation signed a joint venture agreement worth 1.5 billion riyals with Almutlaq Real Estate Investment Co., a subsidiary of AlMutlaq Group. Under the agreement, the two companies will develop Jumeirah Red Sea Resort, a 159-room luxury resort on Shura, the hub island of the Red Sea destination, which is currently under construction and is expected to open in early 2024. Editor/Xing Wentao

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• 2026.08.21 09:31
• [Green hydrogen coupled coal to ammonia production produces 10000 tons of green ammonia]
• Ningxia Coal Industry has consumed over 21.38 million standard cubic meters of green hydrogen and produced 10800 tons of green ammonia. The first high proportion green hydrogen coupled coal to synthetic ammonia demonstration project in China has achieved phased results, with a green hydrogen receiving capacity of 15000 standard cubic meters per hour.Editor/Gao Xue

• 2026.08.21 09:29
• [Jiangsu's photovoltaic installed capacity ranks first in the country]
• On August 18, 2026, the cumulative installed capacity of photovoltaics in Jiangsu reached 100.08 million kilowatts, accounting for over 38% of the total installed capacity in the province, becoming the first province in China to exceed 100 million yuan in photovoltaic installed capacity. Photovoltaics have surpassed coal-fired power to become the largest power source, with distributed installed capacity accounting for nearly 70%.Editor/Gao Xue