[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

Click to see more live >>

• 2026.04.10 15:28
• [CPI moderately rises in March 2026, PPI shifts from decline to rise]
• On April 10th, the National Bureau of Statistics released data showing that the CPI in March increased by 1.0% year-on-year, but the growth rate has declined. This is mainly due to the seasonal drop in food and service prices, as well as the decrease in pork, tourism, and other prices. PPI increased by 0.5% year-on-year, marking the first time it has turned upward after 41 months of continuous decline. Driven by the rise in international commodity prices and the improvement of domestic supply and demand, industries such as petroleum and non-ferrous metals saw significant price increases. Editor/Cheng Liting

• 2026.04.10 15:28
• [China's Deepest Sea Wind Power Project Full Capacity Grid Connection]
• On April 7, 2026, the deepest offshore wind power project of Huaneng Shandong Peninsula North L site in China was fully connected to the grid. The project is located in the Muping sea area of Yantai, with a water depth of 52-56 meters. It is equipped with 42 12 MW wind turbines and uses the highest four pile pipeline foundation in China. The annual power generation is 1.638 billion kilowatt hours. Yantai Power Supply Company ensures grid connection through the "Clear Wind and Warm Sun" service. The project has promoted the installed capacity of new energy in Yantai to reach 16.66 million kilowatts, ranking first in the province and assisting in the green and low-carbon transformation.Editor/Cheng Liting