[The contract for the 12GW scenic base project in Alxa, Inner Mongolia]On February 4, 2023, Alxa League, Inner Mongolia, held a special promotion meeting for green power investment and a centralized signing ceremony for key projects, and successfully signed 32 project agreements to attract more than 168.8 billion yuan! Seven enterprises, including Huadian Inner Mongolia Company, China Resources Power, Vision Energy and Jiangsu Shuangliang Group, have signed a project agreement with Alxa League for the new energy base project from Helan Mountain in the Tengger Desert of Inner Mongolia to the Middle East, with a total investment of about 86 billion yuan. Editor/Ma Xue
The Qinghai Provincial Development and Reform Commission has released the first batch of bidding for independent new energy storage projects on the grid side in 2026, with a total scale of 2GW and an energy storage duration of no less than 4 hours, to be implemented in 5 sections. The project is planned to be connected to the grid by the end of September 2027, and can enjoy an annual compensation of 185 yuan per kilowatt capacity to assist in the construction of new power systems in the province. Editor/Min Jing
The Vietnamese parliament has passed a resolution to increase the scale and configuration standards of the cross-border railway construction in Laojie, Hanoi, and Haiphong, and significantly increase investment. The railway is expected to be completed by 2030, optimizing cross-border trade logistics between China and Vietnam, connecting the China Europe transportation corridor, improving the layout of the Pan Asian Railway, and helping Vietnam enhance its position as a regional transportation hub. Editor/Min Jing