[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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• 2026.03.06 10:39
• [Announcement of Winning Bid for Ningxia Photovoltaic Storage Project]
• Recently, the bidding candidates for the procurement of energy storage system equipment for the 2026 stock photovoltaic power supply side energy storage project in Ningxia were announced. Xuchang Xuji Electric Energy Storage Technology Co., Ltd. ranks as the first candidate for winning the bid with a total quotation of approximately 35.7715 million yuan, equivalent to a unit price of approximately 0.745 yuan/watt hour. TBEA Xinjiang New Energy Co., Ltd. and Beijing Tiancheng Tongchuang Electric Co., Ltd. ranked second and third respectively, with quotations of approximately 33.5448 million yuan and 32.6424 million yuan, corresponding to unit prices of approximately 0.697 yuan/watt hour and 0.68 yuan/watt hour, respectively.Editor/Yang Meiling

• 2026.03.06 10:39
• [Xiehe New Energy and Bain Capital join hands to explore hydrogen energy solutions]
• Recently, Xiehe New Energy Group signed a memorandum of understanding with Bridge Data Centers, a subsidiary of Bain Capital, in Singapore. According to the agreement, both parties will jointly explore diversified energy supply solutions that integrate renewable energy and hydrogen energy globally to support the low-carbon transformation of data centers. The focus of cooperation includes researching hydrogen power generation technology paths, conducting system integration design, evaluating energy storage deployment, and optimizing power procurement mechanisms. Among them, the plan is to launch Singapore's first barge based hydrogen power generation solution specifically designed for AI digital infrastructure.Editor/Yang Meiling