[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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• 2026.10.14 11:32
• [G30 Lianhuo Expressway Qingquan Parking Area Builds Green Qingquan Theme Service Area]
• The renovation and upgrading project of Qingquan Parking Area on Gansu G30 Lianhuo Expressway is accelerating construction and is scheduled to be put into operation in the second half of 2027. The project is based on the Silk Road corridor in the Hexi Corridor, creating a near zero carbon dual sided comprehensive service area, laying out wind and solar energy storage and charging facilities, promoting the integration of transportation and tourism, and setting a new benchmark for the construction of high-speed service areas in Gansu. Editor/Min Jing

• 2026.10.14 11:31
• [Chinese Enterprises Win Supply Agreement for 773.5MW Photovoltaic Modules in South Africa]
• AIKO Solar has signed a contract with African renewable energy company Infinity Power to supply 773.5MW high-efficiency ABC modules for three utility photovoltaic projects in South Africa. The total amount of cooperation between the two parties in Africa has exceeded 2GW. After the project is put into operation, it will generate 1871GWh of electricity annually, which can meet the electricity needs of 456000 households and reduce carbon emissions by about 1.7 million tons annually. Editor/Min Jing