[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
The board of directors of Zijin Mining has approved a guarantee of 348 million yuan, and the Tanzan Railway Activation Project plans to apply for a total loan of 6.9608 billion yuan. The project company has not yet started actual operations, and the guarantee has been implemented to promote the financing process. Some projects have already started in the early stage of the project. Editor/Min Jing
On September 16, 2026, the China Mongolia power grid officially achieved cross-border interconnection between networks, and the project was included in the construction list of the China Mongolia Russia Economic Corridor. Both sides have overcome multiple technical challenges to ensure the electricity supply for Mongolia's industrial and mining sectors as well as people's livelihoods. They will also promote cross-border green power transactions and deepen energy cooperation between the two countries. Editor/Min Jing