[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

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• 2026.05.15 11:59
• [China and Kazakhstan sign potato processing cooperation project]
• Pavlodar Oblast of Kazakhstan signed a memorandum of cooperation with Xuechuan Agriculture of China to implement a large-scale potato processing project. The project plans to build a modern agricultural and industrial park, with an annual processing capacity of 100000 to 200000 tons of potatoes, covering planting, research and development, processing, and supporting facilities, with a total investment of 100-200 million US dollars. Xuechuan Agriculture has strong capabilities, and this cooperation will make up for the shortcomings in local agricultural deep processing, create employment opportunities, and both parties have expressed their long-term willingness to cooperate and provide support.Editor/Gong Ziwei

• 2026.05.15 11:53
• [Sinopec achieves breakthrough in exploration of ultra deep shale gas fields]
• On May 13, 2026, Sinopec Deep Ground Engineering achieved a new breakthrough in the Sichuan Chongqing Natural Gas Base, with the proven geological reserves of the Ziyang Dongfeng shale gas field in Sichuan reaching 235.687 billion cubic meters, marking the birth of China's ultra deep shale gas field with a capacity of billions of cubic meters. The gas field is buried over 4500 meters deep, and the research team has overcome multiple technical challenges, achieving a strategic leap from deep to ultra deep shale gas in China, which is of great significance for strengthening national energy security.Editor/Gong Ziwei