[Russia will take full control of Sakhalin 2 oil and gas project]Russian state-owned Gazprom will retain its 50% plus 1 stake in the Sakhalin-2 project, while its foreign partners Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%) are expected to give up their stakes in Sakhalin-2 stake in the project. The economic impact of the ongoing war in Ukraine. Editor/Xing Wentao
Recently, the Muhuang Xinguang 100MW/200MWh energy storage power station project in Yinjiang Autonomous County, Tongren City has officially started construction. This project is a provincial-level "5+3" key project with a total investment of 250 million yuan, covering an area of 23516 square meters. It will construct 40 containerized battery compartments, 40 PCS AC/DC conversion integrated compartments, and supporting boosting stations. Editor/Cheng Liting
On April 30, 2026, the first power station of China's 85MW photovoltaic project in Cuba, the "General Angel del Castillo Argemont" photovoltaic power station in the province of Ciego de Avila, was completed. The power station has an installed capacity of 5MW photovoltaic and 1MW energy storage, with a peak of 6MW. It is Cuba's first integrated photovoltaic and energy storage project and has the ability to ensure supply in an isolated island mode. Its operation has helped the province's photovoltaic power to exceed 100MW, effectively alleviating power shortages and reducing oil dependence.Editor/Cheng Liting