[Hunan Liuyang Wind Tunnel Pumped Storage Project Signed]On January 30, 2023, Liuyang City, Hunan Province held the 2023 Symposium on Welcoming Hometowns, Returning to Hometowns, and Building Hometowns in 2023 and the project signing activity for a good start in the first quarter. The Liuyang Wind Tunnel Pumped Storage Project was also signed at this event. The installed capacity of the project is 1.2 million kilowatts, and the total investment of the project is estimated to be about RMB 8 billion. Editor / Zhao E
The Qinghai Provincial Development and Reform Commission has released the first batch of bidding for independent new energy storage projects on the grid side in 2026, with a total scale of 2GW and an energy storage duration of no less than 4 hours, to be implemented in 5 sections. The project is planned to be connected to the grid by the end of September 2027, and can enjoy an annual compensation of 185 yuan per kilowatt capacity to assist in the construction of new power systems in the province. Editor/Min Jing
The Vietnamese parliament has passed a resolution to increase the scale and configuration standards of the cross-border railway construction in Laojie, Hanoi, and Haiphong, and significantly increase investment. The railway is expected to be completed by 2030, optimizing cross-border trade logistics between China and Vietnam, connecting the China Europe transportation corridor, improving the layout of the Pan Asian Railway, and helping Vietnam enhance its position as a regional transportation hub. Editor/Min Jing