[Shache will build a 2 million kilowatt optical storage integration project]On December 1, 2022, Guangdong Electric Power Development Co., Ltd. announced that in order to accelerate the development of new energy, increase the proportion of clean energy and optimize the power supply structure, the wholly-owned subsidiary Yuedian Shache Comprehensive Energy Co., Ltd. will be the main investor to invest in the construction of the 2 million kilowatt optical storage integration project in Shache County, Guangdong Energy, with a total investment of 12.91 billion yuan. Editor/Zhao E
On October 11, 2026, the World Bank raised its forecast for Oman's economic growth in 2026 to 3.1%. On the same day, the MSX 30 index of the Muscat Stock Exchange closed up 19.9 points to 7852.11 points, an increase of 0.25%, with a total trading volume of 65.49 million riyals and a market value of approximately 39.92 billion riyals. Against the backdrop of escalating regional tensions, the Omani economy has shown some resilience, with previous World Bank data showing a year-on-year GDP growth of 5.1% in the second quarter. Editor/Cheng Liting
The first offshore wind power project started by China National Energy Corporation during the 15th Five Year Plan period in Jiangsu Province - the first batch of units of China National Energy Corporation Longyuan Power Sheyang 1 million offshore wind power project Phase I were connected to the grid for power generation on the 9th. The project is designed to install 35 8.5 MW wind turbines with a total installed capacity of 297.5 MW. After completion and operation, the expected annual power generation is 3.1 billion kilowatt hours. Editor/Cheng Liting