[Annual installed capacity of independent energy storage in the next 5 years] With the proposal of the "dual carbon" goal and the introduction of relevant supporting policies, the installed scale of new energy power generation is growing rapidly. The new power system with new energy as the main body has an obvious growth trend in the demand for energy storage, especially large-capacity independent energy storage. It is expected that the annual installed scale of independent energy storage is expected to reach 7.2GW in the next five years. Editor/Xu Shengpeng

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• 2026.11.11 11:19
• [China Development Bank signs Kazakhstan China pipeline financing agreement]
• Recently, the China Development Bank signed a financing agreement for the Kazakhstan ethane propane pipeline project in Beijing, providing a loan of 2.89 billion yuan to implement the cooperation results of the China Asia Summit and support the full industry chain cooperation of oil and gas between China and Kazakhstan. The project is the first liquid ethane propane long-distance pipeline in Kazakhstan. The general contracting was finalized in November 2025, and construction began in October of this year. It is expected to be put into operation by the end of 2028. The construction phase is expected to create about 1300 local job opportunities and also drive domestic equipment engineering services to go global.Editor/Li Xiaohua

• 2026.11.11 11:12
• [Assembly of the first tower of Zhejiang ultra-high voltage ring network]
• On November 10, 2026, the first tower of the Zhejiang ultra-high voltage AC ring network project was completed in Shangyu, Shaoxing, and the project officially entered the tower assembly stage, helping to promote clean energy consumption and power grid supply in East China. This project is a key power engineering project during the 15th Five Year Plan period, with a total investment of 29.3 billion yuan. It is planned to be put into operation in November 2029 and will create the first provincial high-voltage AC ring network in China. The project can consume over 57 billion kilowatt hours of clean energy annually, effectively reducing carbon emissions and improving the power supply guarantee level in the Yangtze River Delta.Editor/Li Xiaohua