[PowerChina Signs 11MW Photovoltaic Project in Maldives] Recently, PowerChina signed the general contract of 11 MW photovoltaic project in Maldives. This project is an important part of the Maldives clean energy investment promotion plan, and it is of milestone significance for the gradual realization of the diversification of Maldives' power supply structure and the promotion of the development of the local clean energy industry. The project is located in several islands in the Maldives, and the main work includes the survey and design of 11 MW photovoltaic power plants, equipment procurement, and site civil engineering and installation. After the project is put into operation, the power energy will be connected to the local power grid, effectively alleviating the plight of power shortage, and improving residents' electricity consumption and quality of life. Edit/Ma Xue

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• 2026.06.04 15:05
• [Yondr locks in power for European and American data centers]
• Yondr Group, a global developer of ultra large scale data centers, has completed two new financing rounds, consisting of a global letter of credit instrument and a European holding company financing instrument, respectively used to lock in power capacity for European and American projects and reduce leverage on European platforms. The current power generation has become a core bottleneck in data center development, and the surge in demand for AI and cloud computing has intensified this competition. The two financing rounds were participated by multiple institutions such as French Foreign Trade Bank, BNP Paribas, and IFM Investors, providing capital ammunition for Yondr's continued expansion. Editor/Cheng Liting

• 2026.06.04 15:04
• [Hong Kong's first visit to Central Asia, signing seven cooperation agreements]
• Hong Kong Chief Executive Carrie Lam led 40 business leaders and 30 representatives of mainland enterprises to visit Kazakhstan, marking the first visit of the Chief Executive to Central Asia and receiving a high-level reception from President Tokayev. The two sides signed seven cross disciplinary agreements covering fields such as science and technology innovation, finance, and information technology, connecting the cooperation channel between the Hong Kong Stock Exchange and Astana International Financial Center. As the first place of the the Belt and Road and the largest trading partner of Hong Kong in Central Asia, Kazakhstan is accelerating its industrial transformation. Editor/Cheng Liting