[Approval for pumped storage capacity exceeded 43 million in 2022]By November 15, 2022, a total of 43 pumped storage power station projects have been approved during the 14th Five-Year Plan period, with a total installed capacity of 570.98 million kW and a total investment of about 381.3 billion yuan. Among them, 32 power stations have been approved since 2022, with a total installed capacity of 432.98 million kW and an investment of about 291.3 billion yuan. Editor/Xu Shengpeng
The European Union has announced its 2040 high-speed rail development plan, with a total investment of 550 billion euros, aiming to build a high-speed rail network across Europe and reduce travel time between major capitals by half. The funding will adopt the "EU Fund+Member State Supporting+Private Capital" model, and a high-speed railway agreement will be introduced before 2026 to leverage private capital. The entire network will unify the signal system, with a focus on filling the gaps in Eastern and Southern Europe. This website has the triple intention of green transformation, economic cohesion, and geopolitical strategy, but financing, land acquisition, and approval are still tough battles, and whether they can be realized depends on the finances and progress of each country.Editor/Cheng Liting
Recently, the waterway improvement project from Chaotianmen to Fuling in the upper reaches of the Yangtze River successfully passed the completion acceptance of the Ministry of Transport and was officially put into operation. After the rectification, the 4.5-meter deep waterway in the Three Gorges Reservoir area has been extended to the central urban area of Chongqing, and 5000 ton cargo ships can directly reach the main city of Chongqing all year round. The navigation capacity of the Yangtze River's golden waterway has been further improved, and the water transportation pattern in Chongqing has been substantially upgraded. Editor/Cheng Liting