[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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• 2026.08.06 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