[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, the main project of Hubei Songzi Pumped Storage Power Station, which China Energy Engineering Gezhouba Group participated in, started construction. The power station is located in Songzi City, Jingzhou, with a total installed capacity of 1200 megawatts, and belongs to the first-class large (1) type project. Gezhouba Group undertakes the construction of the upper reservoir and the installation of metal structures, with a contract amount of 712 million yuan and a construction period of 48.5 months. After the completion of the power station, it will undertake tasks such as peak shaving, valley filling, energy storage, and frequency regulation, which is of great significance for ensuring the safety of the power grid and supporting the consumption of new energy.Editor/Cheng Liting
On June 1, 2026, the Guangzhou Eastern Center Intelligent Fusion New Energy Storage Industry Demonstration Project invested and constructed by Zengtou Energy Company, a subsidiary of Zengcheng Urban Investment Group, officially started construction. The total investment of the project is nearly 467 million yuan, and a new 150MW/300MWh electrochemical independent energy storage power station will be built. It will adopt lithium iron phosphate battery technology and be connected to the power grid at 110kV, with the functions of peak shaving, frequency regulation, and promoting the consumption of new energy. The project is supported by a comprehensive operation and maintenance building, an electrical building, and auxiliary facilities such as fire protection, and is promoted through an integrated construction and operation model.Editor/Cheng Liting