[SSE plans to invest £40bn in clean energy projects]SSE Plc, a power generator and grid operator, set out plans to invest as much as 40 billion pounds in clean-energy projects over a decade and called on the government to keep Britain competitive. The UK is working to boost its renewable power generation capacity to meet its goal of net zero emissions by 2050 and to become more independent of imported energy after geopolitical conflicts caused supply disruptions. What we want to see is an acceleration of pace and ensuring that Britain can compete with places like the United States with the Inflation Reduction Act (IRA), SSE chief executive Alistair Phillips-Davies said in a conference call with reporters. Mr Phillips-davies said SSE could not rule out future investments in the US, but expected Europe to remain its core market. The UK has a contract for difference (CfD) scheme to help stimulate investment in new renewable energy projects, offering a guaranteed minimum price for the electricity they produce. Editor/Xu Shengpeng
Recently, China Construction Hailong Guangzhou Intelligent Construction Industry Base officially started construction in Baiyun Lake High tech Industrial Park. The project has a net land area of 130 acres and a total construction area of 225300 square meters. After gradually being put into operation in 2027, the annual output value is about 1.4 billion yuan. Editor/Cheng Liting
In August 2026, Inner Mongolia Energy Group Baotou Xiguitu Power Generation Phase II 1 × 600000 kW new generation coal-fired power pilot demonstration project officially started construction. The total investment of this project is 2.544 billion yuan, and it is the first unit in the autonomous region to receive national approval for thermal power energy conservation. It is planned to be put into operation in 2028. As the core regulating support power source of Mengxi Power Grid, the project will solve the problem of large-scale wind and solar power consumption and promote the integration of wind, solar, thermal and storage. Editor/Cheng Liting