[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 world's first S+C+L three band ultra-low loss multi-core optical cable line was completed and opened in Qingdao, Shandong. This optical cable innovation adopts a four core fiber structure to achieve three band parallel transmission, with a single core bandwidth increase of nearly 50%. The capacity of a single fiber is more than 5 times that of traditional fibers, which can fully meet the future needs of AI intelligent computing and terabit level ultra high speed transmission.Editor/Gong Ziwei
JSW Steel, India's largest steel company, has started construction of a 650 billion rupee integrated steel plant in Paradip, Odisha, with a designed annual production capacity of 13.2 million tons. The earliest production date is 2028. This project is one of the largest industrial investments in the state, in line with the mission strategy in eastern India. It was once the site chosen by POSCO due to local opposition in 2000. JSW plans to increase its total production capacity from 31.9 million tons to 48.8 million tons by 2030, and capital expenditures will increase by nearly 50% year-on-year in the next fiscal year. Editor/Cheng Liting