[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
By 2025, global energy investment will reach 2.3 trillion US dollars, a year-on-year increase of 8%. Among them, the investment in electrified transportation is 893 billion US dollars, and the investment in renewable energy is 690 billion US dollars. The data center investment is about 500 billion US dollars, surpassing solar photovoltaic investment for the first time. China leads with $800 billion investment, but renewable energy financing has declined.Editor/Gao Xue
The China Mobile Yangtze River Delta Yangzhou Data Center Electromechanical Engineering EPCO Procurement Project has announced its winning bid, with a consortium consisting of ZTE Technology Services and Xiangjiang System Engineering winning the bid for 1.22 billion yuan. The project will construct a data center with an IT capacity of 60 megawatts, adopting an integrated design, procurement, construction, and operation model. Editor/Gao Xue