[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
Romanian power giant Electrica announced that it has obtained 17 grid connected energy storage projects with a total capacity of 700MWh. China's energy storage industry chain welcomes new opportunities for going global.Editor/Gao Xue
On June 24, 2026, at the Clean Energy Chain Conference of the Chain Expo, it was pointed out that China's energy industry has steadily ranked among the top tier of global clean energy, and the supporting facilities and equipment of the entire chain have achieved phased results.Editor/Gao Xue