[Azerbaijan signs agreement with ACWA Power for offshore wind and BESS projects]Within the framework of the 9th Ministerial Meeting of the Southern Gas Corridor Advisory Committee and the 1st Ministerial Meeting of the Green Energy Advisory Committee, the Implementation Agreement on Offshore Wind Power Projects in the Republic of Azerbaijan with a capacity of up to 1.5 GW, between the Ministry of Energy on Azerbaijan An agreement on the implementation of onshore wind power projects with a capacity of up to 1GW in the Republic, and a memorandum of understanding on the development of battery energy storage systems in the Republic of Azerbaijan and ACWA Power of the Kingdom of Saudi Arabia were signed. Editor/Xing Wentao
On May 8, 2026, the first phase of Sinopec Shanghai Petrochemical's annual production of 30000 tons of large fiber bundle carbon fiber project was put into operation and qualified products were produced, with performance reaching the international advanced level. The completion of two production lines marks the launch of the 48K large fiber bundle carbon fiber production line, which has the largest single line capacity in China. The project has a high localization rate and a record breaking construction speed, and has also established a green electricity and high-end new material circular industry chain, supporting the high-quality development of the carbon fiber industry.Editor/Gong Ziwei
On May 7, 2026, Chinese Ambassador to Türkiye Jiang Xuebin was invited to attend the 2026 Istanbul SAHA Defense and Aerospace Exhibition, visited the booths of several Chinese exhibitors and encouraged them to expand overseas markets. During this period, he met with relevant Turkish institutions and business leaders to have in-depth exchanges on defense cooperation between China and Turkey. The exhibition is held every two years and attracts 1763 exhibitors from over 120 countries. The scale of China's 125 participating enterprises ranks first among all overseas countries.Editor/Gong Ziwei