[China Huaneng plans to start more than 30 million kilowatts of new energy] On February 6, 2023, China Huaneng Group Co., Ltd. held the 2023 new energy construction promotion meeting, arranged 20 million kilowatts of new energy projects ahead of schedule, and realized the physical commencement and construction preparation. The annual new energy construction started more than 30 million kilowatts, with an investment of more than 100 billion yuan, and promoted the green transformation of the group company to take a new step. Editor/Ma Xue
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  • 2026.01.15 17:22
  • [Ningde Times Saudi Service Center is now operational]
  • On January 10, 2026, CATL's "Ningjia Service" Middle East's first experience center was opened in Riyadh, Saudi Arabia, which is also its largest overseas new energy aftermarket service facility. The center covers an area of over 7000 square meters and provides full lifecycle services such as battery diagnosis, maintenance, and recycling, covering seven major categories including passenger cars and energy storage systems, and is suitable for the high-temperature sand and dust environment in the Middle East. Relying on a localized certification team and a global spare parts network, it will radiate to countries such as the United Arab Emirates and Qatar, helping Saudi Arabia's "2030 Vision" and injecting momentum into the energy transformation of the Middle East.Editor/Bian Wenjun
  • 2026.01.15 17:22
  • [Saudi Basic Industries Company sells two major assets worth 6.6 billion yuan]
  • On January 8, 2026, Saudi Basic Industries Corporation (SABIC) announced the sale of two major assets for 6.6 billion yuan (950 million US dollars), selling its European petrochemical business to Aequita for 500 million US dollars and its European and American engineering plastics business to Mutares for 450 million US dollars. The sale of assets covers multiple countries' pharmaceutical production bases and various polymer facilities, aiming to divest non core businesses, alleviate high cost pressures in Europe, concentrate resources on high profit areas and growth markets such as China, and optimize capital returns and cash flow.Editor/Bian Wenjun
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