[CEEC signs energy cooperation agreement with ACWA Power]On May 10, 2023, Sun Honghong, Deputy Secretary of the Party Committee and General Manager of CEEC, held talks with Raad Sander, Vice Chairman and Managing Director of ACWA Power, at the company headquarters. The two sides conducted candid exchanges on continuing to strengthen cooperation in the global clean energy field and signed a strategic cooperation agreement. The two parties innovated the cooperation model, promoted the smooth performance of the project from the source, and took the signing of the strategic cooperation agreement as an opportunity to further enhance mutual trust, mutual benefit and win-win, carry on the past and open up the future, and strengthen cooperation in the Middle East, Central Asia, Africa and China's domestic markets, in order to practice The Green Middle East, the Green Saudi Initiative and the Belt and Road Initiative have contributed more. Edit/Ma Xue
On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting
On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting