[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
Relying on the cooperation of the China Laos Corridor, Laos is accelerating the development of wind and solar new energy. The 72 MW photovoltaic project in Wanxiang Saiseta Development Zone has started construction with a total investment of 320 million yuan and received 121 million yuan in overseas loan support. China General Nuclear Power Laos million kilowatt photovoltaic base is under construction, and electricity can be sent to Yunnan. The institution predicts that by 2035, the installed capacity of wind and solar power in Laos will reach 9.8GW. The local government will focus on energy transformation, build a regional energy hub, and deepen the interconnection of electricity between China and Laos.Editor/Gong Ziwei
Vietnam has issued the latest directive to strengthen local responsibilities and promote the implementation of household rooftop photovoltaics. Require all provinces and cities to introduce incentive plans by the end of December 2026, with the Ministry of Industry and Trade setting installation targets and local governments independently developing subsidy mechanisms. The policy is synchronized with the development of energy storage, and the proportion of surplus electricity connected to the grid has been increased to 50%. The current installed capacity of rooftop photovoltaics in Vietnam exceeds 11.45GW, and there is a lack of supporting documents in many places. The new policy aims to alleviate the electricity shortage and ensure power supply.Editor/Gong Ziwei