[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

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• 2026.05.15 14:37
• [Tianfa Energy Storage Green Energy Equipment Base Landing in Tianjin]
• Recently, the Tianfa Energy Storage and Green Energy High end Equipment Manufacturing Base project started construction in Tianjin Future Science and Technology City, with a total land area of about 14700 square meters. It focuses on the manufacturing of hydro generator sets and supporting core components, covering high-end equipment fields such as pumped storage units, wind power, and solar energy. After the project reaches its production capacity, the annual output value is expected to exceed 300 million yuan, and the annual tax revenue will exceed 8 million yuan. It is planned to be put into operation within one year, which will fill the gap in high-end equipment manufacturing in Ninghe District. Editor/Cheng Liting

• 2026.05.15 14:36
• [Inner Mongolia's GDP growth rate in the first quarter was 6.2%, leading the country]
• As of the end of April 2026, Inner Mongolia plans to implement 3668 major projects with a total investment of 3.7 trillion yuan and an annual planned investment of 1079.5 billion yuan. At present, 3200 units have resumed work, with a resumption rate of 87%. The completed investment is 245.2 billion yuan, with a completion rate of 23%. In the first quarter, the GDP of the entire region increased by 6.2% year-on-year, ranking among the top in the country in terms of growth rate. Major project investments are becoming the core engine of economic growth. Editor/Cheng Liting