[Power China Acquires Vetrozelena Wind Power Project in Serbia]Recently, Power China Haitou signed an investment agreement with renewable energy developer CWP Europe, intending to acquire a 51% stake in the Vetrozelena wind power project being developed by the latter in Serbia, with CWP Europe holding the remaining 49% stake. The Vetrozelena wind power project is located in Pancevo, 40 kilometers away from Belgrade, the capital of Serbia. The total installed capacity of the project is 297.6MW, and the planned investment is about 400 million euros. Developed by CWP Europe in 2020, the Vetrozelena project is scheduled to start construction at the end of 2023 and enter commercial operation in 2025. Edit/Ma Xue
Recently,in Taolanaru, Madagascar, the first section of the first phase of National Highway 12, which was constructed by China Railway 18th Bureau, was officially completed. Officials such as the interim head of state and prime minister of Malaysia attended the completion ceremony. The total length of this section is about 45 kilometers, with 5 supporting bridges built, and it is the core transportation artery in southeastern Malaysia. The implementation of the project greatly improves local travel conditions, reduces logistics costs, and supports the development of industries such as fishing, mining, and tourism along the route. At the same time, the second phase of the project has also been officially launched.Editor/Li Xiaohua
On June 16, 2026, China Chemical Engineering 14th Construction Co., Ltd. and Hong Kong HSBC Source International Co., Ltd. signed an EPC general contract for the Namibia Energy Hub Port project in Qingdao. The relevant enterprise leaders attended and witnessed the signing. This key livelihood project in Namibia will be built into an integrated large-scale energy hub base, which can effectively alleviate the local energy shortage and help regional development. Relying on the opportunity of the Namibian President's visit to China, this signing is the result of China Namibia the Belt and Road practical cooperation, and also opens a new journey for the 14th China National Chemical Construction Co., Ltd. to deeply cultivate the African market.Editor/Li Xiaohua