[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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• 2026.03.25 15:13
• [Construction machinery exports surge 33.4% at the beginning of 2026]
• In the first two months of 2026, the export of construction machinery reached US $10.69 billion, a sharp increase of 33.4%. Latin America and Africa became new engines of growth, and the the Belt and Road contributed significantly. Growth momentum switching: Electric loaders surged 112.7%, with high value-added products leading the way. Enterprises upgrade from selling products to building ecosystems: Zoomlion Hungary factory is established, and Shantui Co., Ltd. is deeply cultivating regional differentiation. More importantly, the industry is shifting from exporting individual products to collaborating with the entire industry chain to go global. By building deep barriers through localized factories and supporting services, China's construction machinery is accelerating towards a new stage of global manufacturing. Editor/Cheng Liting

• 2026.03.25 11:42
• [Henan Luhun Irrigation District Renovation Project Approved]
• Recently, the Development and Reform Commission of Henan Province approved the feasibility study report of the modernization renovation project of Luhun Irrigation District in Henan Province, which benefits 7 counties (cities, districts) in Luoyang, Pingdingshan, and Zhengzhou. This place experiences nine droughts in ten years, making it difficult to irrigate with water. The total construction period of the renovation project is 36 months, which will upgrade the channels and water pipelines, build and renovate 24 new channels (pipes) and 214 buildings, improve the level of informatization, and improve the irrigation area after completion. Editor/Cheng Liting