[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 August 22, 2026, the Julius Nyerere hydroelectric power station in Tanzania, which POWERCHINA participated in, was officially put into operation. The power supply of the project covers nearly half of the local electricity demand, effectively alleviating power shortages, improving people's electricity consumption, and helping Tanzania consolidate its advantages in energy development in the East African region. Editor/Min Jing
On August 22, 2026, CNOOC completed the capping of the main body of Huizhou 19-6 offshore crude oil processing platform in Zhuhai. This platform is the largest facility of its kind in Asia, which will serve the development of 100 million ton oil fields in the the Pearl River River Mouth Basin and help the country to stabilize energy supply.Editor/Min Jing