[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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• 2026.06.11 09:19
• [The largest integrated photohydrogen storage project in China has been fully completed]
• On June 10, 2026, Guohua Investment's Jiangsu Rudong Guang Hydrogen Storage Integration Project was fully completed. This is also the largest integrated offshore photovoltaic demonstration project for photohydrogen storage in China. The total photovoltaic capacity of the project is 400000 kilowatts, and a new 220 kV shore based booster station, a hydrogen production station with a hydrogen production capacity of 1500 standard cubic meters per hour, and an electrochemical energy storage power station will be built.Editor/Gong Ziwei

• 2026.06.10 14:23
• [Shenzhen Smart Charging Station Upgrades Again]
• On June 9, 2026, the second phase of the Shenzhen Guangming Hongqiao Park Flash Charging Demonstration Station of Southern Power Grid was put into operation, adding 14 V2G charging piles and becoming the largest megawatt level vehicle network interactive flash charging station in China. All charging stations on the entire site support vehicle network interaction, which enables bidirectional energy flow between vehicles and the power grid. The site also integrates a drone nest for power inspection, greatly improving inspection efficiency. The site gathers three national pioneering technologies, and since the first phase of operation, the service train numbers and charging capacity have been considerable. After the expansion of the second phase, the energy replenishment and operation and maintenance capabilities have been further upgraded.Editor/Gong Ziwei