[Yuewang Expressway Jinlong Interchange Project Started]On May 28, 2023, the start of construction of Yuewang Expressway Jinlong Interchange, Xiangjiang North Road Xiangwang Connection Line and the launching ceremony of infrastructure supporting projects in Hunan Xiangjiang New Area Jinlong Pilot Area were held in Xiangyin District of Hunan Xiangjiang New Area. At that time, the main urban area of Changsha and Xiangyin will achieve a 15-minute commute and a 29-kilometer expressway. The line is about 10 kilometers away from Xiangyin South Interchange and about 5 kilometers away from Changsha Wangcheng Tea Pavilion Interchange. It is expected to be completed by the end of 2024. Edit/Ma Xue
According to the binding term sheet signed by both parties, Waaree's $30 million investment will be specifically used for the completion and operation of the United Solar Oman manufacturing plant, and the transaction is expected to be completed and delivered on January 31, 2026. The planned factory is designed to have an annual production capacity of 100000 tons of polycrystalline silicon, which can support the production demand of 40 gigawatts of solar modules per year. After being put into operation, it will become a globally leading polycrystalline silicon manufacturing base with outstanding cost competitiveness.Editor/Bian Wenjun
Chinese companies have once again reported good news in the Saudi photovoltaic market, with companies such as Shangneng Electric and China Energy Construction winning heavyweight orders. Among them, Shangneng Electric won the Saudi PIF Phase 6 4GW photovoltaic inverter order, and China Energy Alliance won the bid for the $300 million Saudi Muta 600MW photovoltaic project. This series of collaborations has become an important footnote for China Saudi Arabia to implement the "2030 Vision".Editor/Bian Wenjun