[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 annual production of 500000 tons of high-end energy storage lithium iron phosphate project by Inner Mongolia Times Fulin New Materials Co., Ltd., with a total investment of up to 6 billion yuan, has officially started construction. The project is located in Ordos City, Inner Mongolia, and the foundation treatment construction part has been awarded to Northwest Nonferrous Engineering Co., Ltd.Editor/Yang Meiling
At the press conference on March 2, 2026, State Grid Gansu Electric Power Company announced the latest progress of the 15th Five Year Plan as a pioneer of the power grid. It is reported that Gansu ranks first in the northwest in terms of approved construction scale in the field of pumped storage, and four projects have entered the main construction phase. Of particular note is that the installed capacity of new energy storage in Gansu Province has exceeded 7.9 million kilowatts in the first year of the 15th Five Year Plan.Editor/Yang Meiling