[CEEC newly signs Australia Templers energy storage offshore project]On May 24, 2023, CEEC Shanxi Electric Power Construction Co., Ltd. and Sungrow Australia Co., Ltd. formed a joint venture to formally sign the contract in Shanghai for the Templers energy storage offshore EPC project in South Australia, Australia. The project is located in Adelaide, South Australia, Australia, with a total capacity of 111MW/285.2MWh. After the project is completed, it can stably transmit clean power around the clock, further enhance the flexibility of clean energy power allocation, optimize the safety of the local power grid, and play a positive role in improving the local atmospheric environment, reducing carbon emissions, and promoting the sustainable development of the local green economy. Edit/Ma Xue
The Qinghai Provincial Development and Reform Commission has released the first batch of bidding for independent new energy storage projects on the grid side in 2026, with a total scale of 2GW and an energy storage duration of no less than 4 hours, to be implemented in 5 sections. The project is planned to be connected to the grid by the end of September 2027, and can enjoy an annual compensation of 185 yuan per kilowatt capacity to assist in the construction of new power systems in the province. Editor/Min Jing
The Vietnamese parliament has passed a resolution to increase the scale and configuration standards of the cross-border railway construction in Laojie, Hanoi, and Haiphong, and significantly increase investment. The railway is expected to be completed by 2030, optimizing cross-border trade logistics between China and Vietnam, connecting the China Europe transportation corridor, improving the layout of the Pan Asian Railway, and helping Vietnam enhance its position as a regional transportation hub. Editor/Min Jing