[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
In June 2026, the hydropower unit under China Communications Construction Corporation won the bid for the key section of the construction period of the Dabancheng Pumped Storage Power Station in Xinjiang. The total investment of this project is 11.4 billion yuan, and after completion, it will significantly enhance the regional new energy consumption capacity.Editor/Gao Xue
In the first five months of 2026, the railway freight volume in Xinjiang exceeded 100 million tons, including over 41 million tons of coal transported from Xinjiang, a year-on-year increase of 9.1%. The railway department precisely allocates transportation capacity to ensure stable energy supply.Editor/Gao Xue