[Zinc-iron liquid flow energy storage battery project settled in Xiaoting, Hubei]On July 1, 2022, the government of Xiaoting District, Yichang City, Hubei Province signed a cooperation agreement with Weijing Energy Storage Technology Co., Ltd. and Hualin Titanium New Energy Zhuhai Co., Ltd. to determine a new type of zinc-iron liquid energy storage with a total investment of 16 billion yuan. The battery project and the composite titanium battery project were officially settled. Municipal Party Secretary Wang Li attended the signing ceremony and witnessed the signing. Deputy Secretary of the Municipal Party Committee and Mayor Ma Zejiang presided over the signing ceremony. Editor / Zhao E
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
Zakubov, Chairman of Kazakhstan's Samrukh Kazenana Sovereign Wealth Fund, and Zhou Huaixin, General Manager of CNPC, held talks in Astana to promote oil and gas projects such as Kashagan and Mangistau in the northern Caspian Sea. Kashagan exceeded its target of producing 12.8 million tons of oil in the first nine months of the year and will expand cooperation to renewable energy. They plan to implement a joint technology implementation plan from 2027 to 2030. Editor/Min Jing