[11 projects were signed intensively in Fangchenggang City, Guangxi] Recently, Fangchenggang City, Guangxi held a signing ceremony for the two-year action project of the year of breakthrough in investment promotion and the year of project construction. It is reported that 11 projects have been signed this time, with an investment of 24.327 billion yuan, realizing a good start in attracting investment in Fangchenggang City in 2023. According to reports, the investors who signed the contract came from Beijing, Shanghai, Guangdong, Zhejiang, Hainan and Hong Kong, covering new energy development, steel and copper products, non-ferrous metals, advanced manufacturing, green new materials, refractory materials, optoelectronics industry, modern Comprehensive fishery development, warehousing and logistics, and many other fields have the characteristics of high technological content, wide industrial coverage, and strong radiation and driving capabilities. In terms of new energy industry, China Coal Power Co., Ltd., a wholly-owned subsidiary of China Coal Energy Group, one of the top 500 companies in China, will invest 10 billion yuan in the construction of the third-phase expansion project of China Coal Fangchenggang Power Plant; Energy Investment Co., Ltd. will invest 430 million yuan in the construction of shared energy storage power station projects. In terms of green new materials, Fangchenggang has introduced the Hualong environmental protection refractory project; in terms of non-ferrous metals, it has introduced a new modern manganese-rich slag project; in the field of modern fishery comprehensive development, a total of 3 projects have been signed with a total investment of 4.9 billion yuan, of which the tuna industry center The project will build the only tuna bay in China in Pearl Bay, Fangchenggang City, and the Eurasian Ocean Fishery Comprehensive Industrial Park project will fill the gap in Fangchenggang Ocean Fishing Operations. Editor/He Yuting

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• 2026.02.09 16:30
• [Australia: 120 gigawatt hours of energy storage can provide 98.5% renewable energy supply]
• The latest simulation study shows that the Australian national electricity market can achieve nearly 100% renewable energy supply with only 24 gigawatts/120 gigawatt hours of energy storage, of which renewable energy accounts for 98.5% and the remaining 1.5% is supplemented by other energy sources. This simulation is based on actual electricity data since August 2021, scaling wind and photovoltaic power generation to 60% and 45% of annual demand, respectively, and utilizing existing hydropower synergy balance. The estimated power supply cost is $126 per megawatt hour, which is equivalent to the wholesale electricity price level in the past five years.Editor/Yang Meiling

• 2026.02.09 16:30
• [EU sets new high for battery energy storage installation by 2025]
• In 2025, the EU will add 27.1 gigawatt hours of battery energy storage capacity, a year-on-year increase of 45%, setting a historical record. Since 2021, the total scale of energy storage in the European Union has surged from 7.8 gigawatt hours to 77.3 gigawatt hours, an increase of nearly tenfold. The report points out that public utility scale projects have become the main force, accounting for 55% of the annual new installed capacity, indicating a significant shift in market structure. To meet the energy flexibility needs by 2030, the EU needs to increase its energy storage capacity tenfold to approximately 750 gigawatt hours to support large-scale integration of renewable energy.Editor/Yang Meiling