[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

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• 2026.07.02 16:21
• [Shipping activities in the Strait of Hormuz continue to resume]
• According to data from market service agency Kepler, 24 oil tankers and cargo ships passed through the Strait of Hormuz on June 29th, indicating the continued recovery of shipping activities in this globally important energy transportation channel. 24 ships, including crude oil carriers and liquefied natural gas carriers, passed through the Strait of Hormuz on the same day. The data also shows that on June 30th, shipping activities in the strait further increased, with a giant oil tanker and several small ships entering the Persian Gulf, reflecting a rebound in confidence in the shipping market's navigation conditions in the region. Editor/Min Jing

• 2026.07.02 16:20
• [The export volume of foreign trade automobiles at Guangzhou Port increased year-on-year]
• On June 30, 2026, it was learned from the Guangzhou Maritime Safety Administration that the export volume of foreign trade vehicles at the Xinsha Port in Guangzhou increased by 169.7% year-on-year from January to June this year, with a year-on-year increase of 81.7% in the export volume of new energy vehicles. The scale of foreign trade vehicle exports continues to expand. Editor/Min Jing