[Pumped storage power station project to be built for South Grid energy storage]On October 30, 2022, South Grid Energy Storage released an announcement that it plans to jointly invest in the construction of Huizhou Zhongdong Pumped Storage Power Station Project with CGN, with a total investment of about 8.373 billion yuan and a planned installed capacity of 1.2 million kW. Editor/Zhao E Editor/Zhao E
On April 9, 2026, National Energy Group Yongzhou Power Generation and Hunan Zhongtai Technology signed a polyimide film green power direct connection project at Yongzhou Land Port, witnessed by the Yongzhou Municipal Bureau of Industry and Information Technology and representatives of State Grid. Yongzhou Power Generation is responsible for building a "wind solar storage" collaborative power supply system to achieve direct connection of green electricity. Zhongtai Technology will use this to reduce electricity costs, lock in price risks, and obtain traceable green electricity certificates to meet export carbon compliance and enhance ESG image, helping both parties achieve industrial synergy and green development.Editor/Cheng Liting
TikTok recently invested $125 million in Ho Chi Minh City to focus on improving its logistics, payment, and digital commerce systems, aiming to address pain points such as low fulfillment efficiency and complex COD management in Vietnamese e-commerce. Against the backdrop of Vietnam's e-commerce scale reaching 32 billion US dollars and dominated by Shopee and TikTok, the new E-commerce Law plans to introduce strict regulations, extending supervision to live streaming e-commerce content and seller qualifications. Cross border sellers face higher thresholds for local registration and data compliance, and the platform's responsibility boundaries are further clarified.Editor/Cheng Liting