[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 April 9, 2026, National Energy Group Yongzhou Power Generation and Hunan Zhongtai Technology signed a polyimide film green power direct connection project at Yongzhou Land Port, witnessed by the Yongzhou Municipal Bureau of Industry and Information Technology and representatives of State Grid. Yongzhou Power Generation is responsible for building a "wind solar storage" collaborative power supply system to achieve direct connection of green electricity. Zhongtai Technology will use this to reduce electricity costs, lock in price risks, and obtain traceable green electricity certificates to meet export carbon compliance and enhance ESG image, helping both parties achieve industrial synergy and green development.Editor/Cheng Liting
TikTok recently invested $125 million in Ho Chi Minh City to focus on improving its logistics, payment, and digital commerce systems, aiming to address pain points such as low fulfillment efficiency and complex COD management in Vietnamese e-commerce. Against the backdrop of Vietnam's e-commerce scale reaching 32 billion US dollars and dominated by Shopee and TikTok, the new E-commerce Law plans to introduce strict regulations, extending supervision to live streaming e-commerce content and seller qualifications. Cross border sellers face higher thresholds for local registration and data compliance, and the platform's responsibility boundaries are further clarified.Editor/Cheng Liting