[Sineng Electric signed a contract with Saudi Ar Rass photovoltaic project] Recently, Sineng Electric and Larsen & Toubro signed an inverter equipment supply agreement for the 700 MW Ar Rass photovoltaic project in Saudi Arabia. After it is fully put into operation, it will provide green power for about 132,000 households in the central region of Saudi Arabia, helping the Middle East to accelerate low-carbon energy transformation and 2030 vision realized. The Ar Rass project is located in the Al Qassim desert area of Saudi Arabia. The harsh application environment of high temperature, strong wind and sand puts forward extremely high requirements on the reliability of the product. The project will all adopt Sineng Electric's 1500V 3.125MW centralized solution. The 6.25MW all-in-one machine design has the characteristics of high integration and high power density, which saves costs, facilitates transportation, and is easy to install; the high IP65 protection level also makes it fearless of desert Scenario testing can ensure the power generation income of the power station. Edit/Ma Xue

Click to see more live >>

• 2026.08.06 11:13
• [Jizhong Energy Zhangjialiang Coal Mine Reconstruction Project Starts Construction]
• The Zhangjialiang coal mine renovation project of Jizhong Energy Zhangkuang Group has officially started construction recently, shifting from the procedural stage to the substantive construction stage. The project started to revitalize the resources of deep 5-1 coal seam to 6-2 coal seam to ensure the continuity of coal mine capacity. The special team completed the approval of the safety facility design after three months, obtained the environmental impact assessment approval on June 26th, and obtained the construction record receipt on July 27th. The project will continue the open-pit mining process and advance from the western boundary of the third mining area. After production, it can activate coal resources and stabilize annual production capacity. After the completion of earthwork stripping, it is expected that coal can be extracted in mid October. Editor/Cheng Liting

• 2026.08.06 11:02
• [Saudi Aramco's Q2 net profit increased by 44% year-on-year]
• Saudi Arabian National Oil Company released its financial report on August 4, 2026, showing a net profit of 32.7 billion US dollars in the second quarter of 2026, higher than the 22.7 billion US dollars in the same period last year and a year-on-year increase of 44%. According to the financial report, Saudi Aramco's average crude oil sales price in the second quarter was $108.1 per barrel, up 41% month on month and 62% year-on-year. Editor/Cheng Liting