[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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• 2026.09.24 10:24
• [Middling coal 3.89 billion green methanol project promotion]
• In September 2026, middling coal Linxi Bioenergy Co., Ltd. will make a total investment of 3.89 billion yuan in the prophase of the 200000 ton/year green methanol solar hydrogen production integration project. The 100000 ton Phase I project is planned to be completed and put into operation in September 2027, with supporting wind power of 290MW and photovoltaic power of 210MW.Editor/Gao Xue

• 2026.09.24 10:23
• [China Energy Engineering won the bid for the Inner Mongolia project]
• Recently, China Energy Engineering Corporation won the bid for the EPC general contracting of the first phase of the Inner Mongolia large-scale integrated wind, solar and energy storage base with a total investment of 7.2 billion yuan. The project integrates wind power, photovoltaics, and large capacity energy storage, and is a key component of the national Shagehuang new energy base. After completion, it will support the demand for green electricity in the Beijing Tianjin Hebei region.Editor/Gao Xue