[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
On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting
On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting