[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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• 2026.01.30 16:55
• [Liaoyuan will welcome its first high-speed railway]
• On January 29, 2026, Jilin Province announced that the route and station location of the Liaoyuan section of the Changsi Liaotong high-speed railway have been determined. The project is designed with a speed of 350 kilometers per hour and a total length of approximately 334 kilometers, which will end the history of Liaoyuan not being connected to high-speed railways. The Provincial Development and Reform Commission stated that it is making every effort to promote the approval of pre feasibility studies and ensure their completion and opening to traffic by the end of the 15th Five Year Plan period. At that time, the travel time from Changchun to Liaoyuan will be shortened to about 45 minutes, and it will help Jilin achieve the goal of "connecting cities with high-speed rail".Editor/Gao Xue

• 2026.01.30 16:52
• [Zhiguang Electric's profit forecast increases]
• At the beginning of the 15th Five Year Plan in 2026, State Grid and Southern Power Grid launched a nearly 5 trillion yuan investment plan, with energy storage becoming a key development focus. Zhiguang Electric announced on the evening of January 27th that it expects a net profit attributable to the parent company of 110 million to 160 million yuan in 2025, a year-on-year increase of 133.69% to 149.01%, achieving a turnaround from losses to profits, mainly due to the rapid development of energy storage business and significant growth in orders and revenue. The company's cascaded high-voltage energy storage system is adapted to the three major upgrade areas of the power grid and has been successfully implemented in energy storage projects in Inner Mongolia, Gansu and other places. It is expected to further grow in the new round of power grid construction.Editor/Gao Xue