[wpd and Australis to develop 1.4GW offshore project in Australia]wpd Offshore Australia Holdings, part of Germany's wpd group, has formed a joint venture with Australis Energy to develop three offshore wind energy projects off the coast of Australia. The three offshore wind projects have a combined capacity of 1.4GW and will be developed in the coastal waters of Victoria, South Australia and Western Australia. Australis has already started work on these three projects and has completed the first two phases of the project. Editor/Xing Wentao
On October 11, 2026, the World Bank raised its forecast for Oman's economic growth in 2026 to 3.1%. On the same day, the MSX 30 index of the Muscat Stock Exchange closed up 19.9 points to 7852.11 points, an increase of 0.25%, with a total trading volume of 65.49 million riyals and a market value of approximately 39.92 billion riyals. Against the backdrop of escalating regional tensions, the Omani economy has shown some resilience, with previous World Bank data showing a year-on-year GDP growth of 5.1% in the second quarter. Editor/Cheng Liting
The first offshore wind power project started by China National Energy Corporation during the 15th Five Year Plan period in Jiangsu Province - the first batch of units of China National Energy Corporation Longyuan Power Sheyang 1 million offshore wind power project Phase I were connected to the grid for power generation on the 9th. The project is designed to install 35 8.5 MW wind turbines with a total installed capacity of 297.5 MW. After completion and operation, the expected annual power generation is 3.1 billion kilowatt hours. Editor/Cheng Liting