[Speed ​​up water conservancy construction and expand effective investment] Recently, the Ministry of Finance issued 94.1 billion yuan in water conservancy-related funds for relevant provinces (autonomous regions, municipalities directly under the Central Government, and cities under separate state planning) and Xinjiang Production and Construction Corps in 2023, an increase of 4.4 billion yuan compared with the amount issued in advance in 2022, in order to support local planning in advance. Implementing the construction of water conservancy projects in 2023 and forming effective investment as soon as possible provides a strong guarantee. Editor / Xu Shengpeng

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• 2026.07.09 15:36
• [Moroccan pumped storage project launches EPC bidding]
• The Moroccan National Electricity and Drinking Water Authority has officially launched the EPC bidding for the El Menzel 300MW pumped storage project, with a bidding deadline of September 30th. The total investment of the project is 244 million US dollars, with supporting construction of upper and lower reservoirs, 400 kV substations, and 44 kilometers of transmission lines, financed by non bank and German KfW. Previously, three consortia, including six Chinese funded enterprises, have passed the pre qualification review, and the project will support Morocco's goal of achieving a 52% share of renewable energy by 2030. Editor/Cheng Liting

• 2026.07.09 15:35
• [Alashan large-scale energy storage project starts construction]
• On July 3, 2026, the Afengbaofeng 1000MW/4000MWh new energy storage special project in Ejina Banner, Alxa League officially started construction. The project is fully invested by a subsidiary of Ningxia Baofeng Group, relying on the advantages of the entire industry chain and adopting standardized liquid cooled lithium iron phosphate prefabricated cabin technology. It is planned to be connected to the grid and put into operation within the year. After completion, the project will form a source grid load storage coordination system with surrounding 500 kV substations and supporting transmission lines, effectively ensuring the nearby grid connection and efficient transmission of large-scale wind and solar bases in the region, and consolidating the consumption support capacity of Alxa New Energy Base. Editor/Cheng Liting