[Azerbaijan targets clean energy for 30% of total power generation by 2030]Abu Dhabi-based clean energy company Masdar has opened an office in Azerbaijan's capital, Baku, and has pledged to step up support for renewable energy initiatives in Central Asia. Founded by Mubadala in 2006, Masdar has played a global leadership role in clean energy and has also helped advance the country's economic diversification and climate action agenda. Masdar is active in more than 40 countries and has invested or committed to invest in projects worth more than US$30 billion. The company aims to increase its capacity to at least 100 GW of renewable energy capacity by 2030. Editor/Xing Wentao
On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting
On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting