[Shache County 2GW optical storage integration project]On December 1st, Yuedian Electric announced that the Board of directors of the company agreed to take Yudean Shache Comprehensive Energy Co., LTD., a wholly-owned subsidiary, as the main investor to invest in the construction of Guangdong energy Shache County 2 million kW light storage integration project (PV construction scale of 2,000MW; Energy storage construction scale 500MW/2000MWh). The total investment of the project is 1,291,706,600 yuan. Editor/Xu Shengpeng
The Saudi Ports Authority Mawani has opened up investment in the development and operation of the Jeddah Humla Integrated Logistics Zone, which covers an area of 2.4 million square meters and is adjacent to Jeddah Islamic Port, radiating to the European, African, and Middle Eastern markets. This investment promotion aims to supplement the supporting facilities in the port area. Investors can submit their intentions online, but the details of the land parcel have not been announced yet. Editor/Min Jing
Zakubov, Chairman of Kazakhstan's Samrukh Kazenana Sovereign Wealth Fund, and Zhou Huaixin, General Manager of CNPC, held talks in Astana to promote oil and gas projects such as Kashagan and Mangistau in the northern Caspian Sea. Kashagan exceeded its target of producing 12.8 million tons of oil in the first nine months of the year and will expand cooperation to renewable energy. They plan to implement a joint technology implementation plan from 2027 to 2030. Editor/Min Jing