[Canadian Solar's 34GW new energy material project signed in Yangzhou] Recently, the official website of Canadian Solar Group announced that its holding subsidiary CSI Solar signed an investment agreement with the Yangzhou Municipal Government to carry out capacity expansion projects in Yangzhou Clean Energy Manufacturing Park in three stages. The project is constructed in three phases. The first phase is 14GW silicon wafers and batteries, the second phase is 10GW components and supporting materials, and the third phase is 10GW batteries and energy storage systems. After the completion of the entire industrial chain, the annual revenue will be about 60 billion Yuan. Editor / Zhao E

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• 2026.03.18 17:16
• [Spain advances research on the Strait of Gibraltar tunnel]
• The Spanish Ministry of Transport and Sustainable Transport has approved 1.73 million euros for conducting technical research on the Secegsa railway tunnel crossing the Strait of Gibraltar to Morocco. Previous research by German company Herrenknecht has confirmed that a 65 kilometer long tunnel is technically feasible, but due to significant geological challenges such as flying sand structures, seabed depth, and instability, the possibility of completion before the 2030 World Cup has been ruled out. The actual construction period is expected to be between 2035 and 2040.Editor/Cheng Liting

• 2026.03.18 17:10
• [Fujairah oil port attacked by drones again]
• On the morning of March 17, 2026, the Fujairah oil industry zone was attacked by drones and caught fire again. The civil defense department is making every effort to control the fire, and there are currently no casualties. This is the fifth attack on the area since early March, driven by Iran's ongoing attacks on energy facilities in the United Arab Emirates. Fujairah holds a strategic position in the Strait of Hormuz, and the conflict has caused about one-fifth of the world's oil and gas supply to be blocked. Brent crude oil broke through $100 on March 9th and remained at $103.87 as of the 17th. As a key global storage and transportation hub, giants such as Abu Dhabi National Oil Company, Saudi Aramco, Shell, and Vopak operate terminals and pipelines here, responsible for core businesses such as Murban crude oil. Geopolitical risks are seriously threatening the security of the global energy supply chain.Editor/Cheng Liting