[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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• 2026.06.24 15:07
• [Zhongfu Industrial's 400 million wind power project starts construction]
• On June 23, 2026, the Fujin New Energy Grid Load Storage Integrated Wind Power Project under Zhongfu Industrial started construction in Gongyi, with a total investment of 407 million yuan, an installed capacity of 87.5 MW, an annual power generation of 180 million kilowatt hours, and a reduction of approximately 149300 tons of carbon dioxide emissions. The company has completed a 500000 ton green hydroelectric aluminum project, with 75% of its electrolytic capacity achieving green electricity substitution and an annual emission reduction of 5 million tons, ranking among the top in the industry in terms of carbon footprint. Editor/Cheng Liting

• 2026.06.24 15:06
• [Natural gas discovery in Beihai]
• The evaluation well drilled by Norwegian Wells Oil Company under license No. 1148 confirms the discovery of natural gas condensate oil in the North Sea, with recoverable reserves ranging from 3.4 million to 17 million standard cubic meters of oil equivalent. The well is located about 25 kilometers northwest of the Troll oil field, with a water depth of 365 meters, and is related to the evaluation of the Carmen oil field. The partners include DNO, Equinor, and Aker BP, and will explore the use of existing infrastructure to develop the oil field in the future. Editor/Cheng Liting