[The total planned scale of Fengscenery base is 450GW] On November 29, the National Development and Reform Commission (NDRC) issued a paper titled "Remarkable Results of Green and Low-carbon Energy Transformation Action -- Progress of Ten Actions to Reach the Carbon Peak (I)", which pointed out that the planning and layout of large-scale wind power photovoltaic bases focusing on desert, Gobi and desert areas, with a total planned scale of about 450 million kW, should be implemented. At present, the construction of the first batch of 95 million kW base projects has all started. The list of the second batch of projects has been issued, the preliminary work has been accelerated, and the third batch of base projects have been organized and planned. Editor/Xu Shengpeng
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  • 2026.08.06 11:13
  • [Jizhong Energy Zhangjialiang Coal Mine Reconstruction Project Starts Construction]
  • The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting
  • 2026.08.06 11:02
  • [Saudi Aramco's Q2 net profit increased by 44% year-on-year]
  • Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting
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